Asian stocks fell for a third day, trimming the biggest monthly
advance on the regional benchmark index since January 2012, as industrial and
health care companies retreated.
About of initial volatility was witnessed as key benchmark
indices alternately swung between gains and losses. The barometer index, the
S&P BSE Sensex, was up 21.84 points or 0.11%, up close to 50 points from
the day's low and off about 20 points from the day's high. The market breadth,
indicating the overall health of the market, was strong.
Index
heavyweights, Reliance Industries and ITC, both, edged lower in early trade.
Capital goods pivotals extended recent gains. Car maker Maruti Suzuki India
rose on reports that the company will raise vehicle prices by up to Rs 10000 in
the first week of October.
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