Date:11/01/2006 URL: http://www.thehindubusinessline.com/2006/01/11/stories/2006011103260100.htm

Back Sensex down 138 points

Our Bureau

Mumbai, Jan. 10

LOWER earnings expectations of Reliance Industries Ltd (RIL) and cautious approach by investors ahead of Infosys Technologies' third quarter results on Wednesday dragged the benchmark index BSE-30 by 138.15 points (1.14 per cent) on Tuesday. NSE's Nifty index fell by 39.3 points to end at 2,870.80 points.

"Investors were not willing to take fresh positions as both third quarter results of Reliance Industries and Infosys Technologies are to be announced when the markets are closed," said Mr Ketan Dedhia, Managing Director, Nalanda Securities. (Infosys is due to announce its third quarter earnings on Wednesday, when the market is closed. RIL announced its third quarter results after the trading hours on Tuesday.)