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Sensex sheds 75 points

MUMBAI: The Bombay Stock Exchange sensitive index, Sensex, fell by 75 points to end at 19612.20 on Wednesday on mild profit-booking amid increasing investor concerns about rise in inflation and interest rates, as oil prices hovered at more than two-year highs. The BSE 30-share barometer resumed higher at 19698.61 and shot up further to 19811.14 on the back of sustained capital inflows. However, profit-booking in IT and banking counters pulled down the Sensex to the day's low of 19550.55, before closing at 19612.20, a fall of 74.62 points. The National Stock Exchange index Nifty fell by 18.30 points to 5891.75, after moving between 5944.45 and 5868.80.

Rupee gains 25 paise

The rupee rose by 25 paise against the dollar and closed at 44.17/18 on Wednesday, buoyed by healthy capital inflows and sustained sale of dollars by exporters and corporates. The rupee opened higher at 44.26/27 against Tuesday's close of 44.42/43. It moved in a range of 44.30 and 44.14 before concluding at 44.17/18. Previously, it had closed at 44.10/11 on October 15, 2010. — PTI

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