Sensex loses 263 points in early trade

Mumbai, July 8: The BSE benchmark index Sensex fell by nearly 263 points on Monday, in early trade on profit-booking by funds at prevailing higher levels amid a mixed trend in the Asian region.

The 30-share barometer fell by 262.61 points, or 1.35 percent, to 19,233.21 in the first few minutes of trading. Sensex had gained over 318 points in the previous two session.

Similarly, the wide-based National Stock Exchange index Nifty declined by 80.90 points, or 1.38 percent, to 5,787. Brokers said profit-booking by funds at prevailing higher levels amid a mixed trend in Asian region mainly influenced the trading sentiment.

In the Asian region, Hong Kong's Hang Seng index fell by 1.98 percent, while Japan's Nikkei Index was up by 1.27 percent in early trade.

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