Sensex falls 100 points from lifetime high; Wipro, Cairn India biggest losers

The benchmark BSE Sensex slipped from record-high by falling over 100 points in early trade today as investors booked profits. The 30-share barometer, which had gained 1,264.87 points in the past eight sessions, fell to 26160 after scaling a new lifetime high of 26,300.17 for a while in opening trade.

Onn similar lines, the broad-based National Stock Exchange index Nifty shed 37 points and touched 7793.

The biggest gainers in the market were pharma stocks like Sun Pharma and Lupin, and HUL, HDFC.

The biggest losers were Wipro, Cairn India, Hindalco and Jindal Steel.

Apart from FMCG and healthcare all sectoral indices went into red. 

Punjab National Bank will be announcing its quarterly results today and will be worth keeping an eye on.

Among other Asian markets, Hong Kong's Hang Seng rose by 0.44 per cent, while Japan's Nikkei moved up by 0.57 per cent in early trade. However, the US Dow Jones Industrial Average ended 0.02 per cent lower in yesterday's trade.