Sensex falls 66 points, rupee falls 17 paise in early trade
Sensex falls record-high 66 points, rupee falls 17 paise in early trade
Mumbai: The benchmark BSE Sensex fell from record-high by losing nearly 66 points in early trade today on emergence of profit booking by funds and retail investors amid a mixed trend in other Asian markets.
The 30-share barometer, which had gained 274.05 points in the previous three sessions, lost 65.76 points, or 0.31 per cent, to 21,271.91 in first five minutes of trade.
Stocks of oil and gas, banking, FMCG and realty sectors led the fall.
Similarly, the National Stock Exchange index Nifty shed 3.95 points, or 0.06 per cent, to 6,335.00.
Brokers said emergence of profit booking by funds as well as retail investors amid a mixed trend in the Asian region influenced the trading sentiment here.
Among other Asian markets, Hong Kong’s Hang Seng fell by 1.43 per cent while Japan’s Nikkei was up by 0.50 per cent in early trade.
The US Dow Jones Industrial Average ended 0.25 per cent lower in yesterday’s trade.
Rupee falls 17 paise against dollar in early trade
The rupee fell by 17 paise to 61.98 against the US dollar in early trade today at the Interbank Foreign Exchange market on increased demand for the American currency from oil importers.
Forex dealers said a weak opening at the domestic equity market also weighed on the rupee.
The rupee had gained 7 paise at 61.81 against the US dollar on increased selling of the American currency by exporters in yesterday’s trade.
Meanwhile, the benchmark BSE Sensex fell by 65.76 points, or 0.31 per cent, to 21,271.91 in early trade today.