Sensex plunges over 100 pts on FIIs selling

MUMBAI: Continuing with its slide, the benchmark index, Sensex, fell by over 100 points in early trade on Thursday on the Bombay Stock Exchange, on sustained selling by foreign funds in heavy-weighted stocks.

The BSE 30-share index which had lost 95.97 points on Wednesday, fell by another 100.28 points at 11,306.37 in the first five minutes of trading.

Similarly, the National Stock Exchange index, Nifty, was down by 28.20 points at 3,307.60.

Stock brokers said weak global markets and reports that foreign funds were net sellers on the Indian bourses mainly dampened the trading sentiments.  All the BSE 30-shares and NSE-50 shares were in negative territory with sizeable losses.