Sensex down 45 points, rupee down 12 paise in early trade
The benchmark BSE Sensex lost over 45 points when rupee fell by 12 paise to 61.66 against the dollar in early trade today
Mumbai: Extending losses for the third straight day, the benchmark BSE Sensex lost over 45 points in early trade today on sustained selling by funds and retailers, amid a weak trend in other Asian markets.
The 30-share barometer, which had lost nearly 226 points in the previous two sessions, fell further by 45.15 points, or 0.21 per cent, to 21,018.47.
Realty, banking, oil & gas and capital goods sectors stocks led the fall.
Similarly, the National Stock Exchange index Nifty declined by 9.75 points, or 0.16 per cent, to 6,251.90.
Brokers said sustained selling by funds and retailers amid a weak trend in other Asian markets mainly dampened the trading sentiment here.
In the Asian region, Hong Kong’s Hang Seng index fell by 0.37 per cent, while Japan’s Nikkei by 0.62 per cent in early trade today.
Rupee down 12 paise against dollar in early trade
The rupee fell by 12 paise to 61.66 against the dollar in early trade today at the Interbank Foreign Exchange market due to demand for the US currency from importers.
Forex dealers said besides dollar’s gains against other currencies overseas and a lower opening of the domestic equity market also put pressure on the rupee.
The rupee had shed 1 paise to 61.54 against the dollar in Friday’s trade.
Meanwhile, the benchmark BSE Sensex fell by 45.15 points, or 0.21 per cent, to 21,018.47 in early trade today.