Sensex down 157 points in early trade on profit-taking

Mumbai, September 11: The BSE benchmark index Sensex on Wednesday fell nearly 157 points in early trade on profit-booking by funds and retail investors after recent gains amid a mixed trend in the Asian region.

The 30-share index fell by 156.98 points, or 0.79 percent, to 19,840.11 in early trade with shares of Infosys, Reliance Industries and ICICI Bank leading the fall.

Sensex had rallied over 1,757 points in the previous four sessions.

Similarly, the wide-based National Stock Exchange index Nifty declined by 42.85 points, or 0.73 percent, to 5,853.90.

Brokers said emergence of profit-booking by funds as well as retail investors at prevailing higher levels amid a mixed trend in Asian region mainly attributed fall in stock prices.

In the Asian region, Hong Kong's Hang Seng index fell by 0.38 percent, while Japan's Nikkei Index was up by 0.62 percent in early trade. 

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Courtesy:ISTV Imphal


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