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Sensex falls over 14 points in early trade on profit-booking

Mumbai (PTI): The benchmark BSE Sensex fell over 14 points in early trade today as funds and retail investors booked profits after four sessions of gains amid a mixed trend in other Asian markets.

The 30-share barometer, which had gained 774.09 points in the previous four sessions, shed 14.47 points, or 0.06 per cent, to 26,088.76, led by weakness in FMCG, IT, realty and tech sector stocks. Similarly, the National Stock Exchange index Nifty lost 5.10 points, or 0.07 per cent, to 7,786.60.

Brokers said besides profit-booking by speculators after recent gains, a mixed trend at other Asian markets amid weekend losses in the US markets, influenced the sentiments here.

Among other Asian bourses, Japan’s Nikkei was trading 0.07 per cent higher, while Hong Kong’s Hang Seng shed 0.16 per cent in early trade today. The US Dow Jones Industrial Average ended 0.30 per cent lower in Friday’s trade.

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