Sensex down 90 points in early trade
Sensex down 90 points in early trade
The BSE benchmark Sensex on Wednesday declined by over 90 points in early trade on sustained selling by funds amid a weakening trend on other Asian bourses.
The 30-share barometer fell by 90.87 points, or 0.47 per cent, to 19,052.13 with stocks of consumer durables, metal, FMCG, auto and baking sectors leading the fall.
The index had lost over 298 points in Tuesday’s session.
Similarly, the wide-based National Stock Exchange index Nifty fell by 13.40 points, or 0.23 per cent, to 5,775.40.
Brokers said sustained selling by funds amid weakening trend on other Asian bourses mainly influenced the trading sentiment.
In the Asian region, Japan’s Nikkei Index was down 2.04 per cent in early trade on Wednesday, while Hong Kong’s market remained closed for a public holiday.
The US Dow Jones Industrial Average ended 0.76 per cent down in Tuesday’s trade.
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