Sensex falls 75 points on profit-booking
Brokers said emergence of profit-booking after recent gains and reports that foreign funds have been net sellers on the bourses mainly dampened the sentiments.
The benchmark BSE Sensex fell over 75 points in early trade today as stocks of oil&gas, PSU, metal, healthcare and banking companies succumbed to profit-booking after two sessions of gains.
The 30-share index declined by 75.33 points or 0.27% to 27,611.97. In the previous two sessions, the gauge gained 481.24 points.
In a similar fashion, the NSE Nifty edged down by 30.85 points or 0.36% to 8,342.80.
Brokers said emergence of profit-booking after recent gains and reports that foreign funds have been net sellers on the bourses mainly dampened the sentiments.
However, among other Asian bourses, Hong Kong Hang Seng was up by 0.48%, while Japan's Nikkei gained 0.68 per cent in early trade today tracking overnight gains in the US.
The US Dow Jones rose 0.14% to close at record high in yesterday's trade.