MARKET EYE-Nifty slips below 6,000; FMCG stocks drag

Fri Feb 1, 2013 3:00pm IST

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A statue of the Ganesh, the deity of prosperity, is carried in a taxi to a place of worship on the first day of the ten-day-long Ganesh Chaturthi festival in Mumbai August 29, 2014. REUTERS/Danish Siddiqui

Ganesh Chaturthi

During Ganesh Chaturthi idols will be taken through the streets in a procession accompanied by dancing and singing, and will be immersed in a river or the sea in accordance with Hindu faith.  Slideshow 

* The BSE index falls 0.64 percent, while the 50-share
NSE index is down 0.59 percent, after earlier slipping
below the psychologically important 6,000 level.
* Profit-booking seen in stocks after the BSE index 
added 2.4 percent in January to post its third-straight monthly
gain.
* ITC is down 0.2 percent while Hindustan Unilever
 falls 2 percent after Morgan Stanley reduced the
weightage of consumer staples stocks in its Indian model
portfolio. 
* Bharti Airtel Ltd shares down 2 percent, having
earlier fallen as much as 3.8 percent, after October-December
profit missed estimates by a wide margin. 

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)
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