The benchmark Sensex fell over 33 points in early trade today as investors booked profits in recent gainers amid mixed Asian cues.
The 30-share barometer declined 33.44 points, or 0.12 percent, to 27,245.32, with sectoral indices led by power, realty, auto, capital goods and IT bringing about the fall.
The index had risen over 881 points in the previous six sessions.The NSE Nifty was trading lower by 19.50 points, or 0.23 per cent, at 8,351.20.
- Sensex rises over 100 points after sharp fall in crude prices, Rupee up 21 paise against US dollar
- Sensex, Nifty turn choppy on weak Asian cues; Rupee falls 6 paise
- Benchmarks end higher in choppy trade, log weekly gains
- Sensex makes a muted start,falls 67 points; Rupee weakened by 29 paise
- Sensex, Nifty turn choppy on mixed global cues
- Sensex falls over 50 pts on negative global cues, rupee weakens
Brokers said that apart from profit-booking in recent gainers in an overbought market, a mixed trend in rest of Asia following overnight losses in Europe was mainly responsible for the snap.
Shares of Bajaj Auto, GAIL, NTPC, Tata Motors, Bharti Airtel, Hero MotoCorp, Power Grid, Infosys, Axis Bank, HDFC Bank, Asian Paints, TCS and Wipro succumbed to profit-booking, which dragged down the indices.
Japan’s Nikkei was quoting 0.87 per cent lower and Hong Kong’s Hang Seng fell 0.82 per cent while Shanghai Composite was up 0.23 per cent in early deals.
The US markets were closed yesterday for the Independence Day holiday.