Sensex fails to hold above 19K; down over 66 points on profit-booking
Mumbai: The BSE benchmark Sensex on Wednesday fell by over 66 points in early trade today, largely due to profit- booking by funds and speculators after recent gains amid a mixed Asian trend.
Snapping its four-session rising streak, the 30-share barometer declined by 66.26 points, or 0.34 percent, to 18,974.69, with stocks of realty, consumer durables and banking sectors leading the fall.
The index had gained nearly 360 points in the previous four sessions.
Similarly, the wide-based National Stock Exchange index Nifty moved down by 20.20 points, or 0.35 percent, to 5,727.90.
Brokers said profit booking by participants after four sessions of gains and a mixed trend in the Asian region, mainly marred the trading sentiment here.
Meanwhile in Asia, Hong Kong's Hang Seng index was down by 0.11 percent, while Japan's Nikkei was up by 1.75 percent in the early trade. The US Dow Jones Industrial Average ended 0.61 percent higher yesterday.