Sensex down 39 points in early trade

Sensex down 39 points in early trade Mumbai: The BSE benchmark Sensex on Friday fell over 39 points in early trade as selling by funds and retail investors amid a weak trend in global markets.

The 30-share barometer fell by 39.26 points, or 0.20 percent, to 19,457.92. The index had lost nearly 111 points on Thursday.

Stocks of realty, auto, banking and power sectors declined on increased selling.

Similarly, the wide-based National Stock Exchange index Nifty fell by 18.90 points, or 0.32 percent, to 5,878.05.

Brokers said a weak trend in the Asian trade, following overnight losses in the US market, dampened the trading sentiment here.

Besides, lower-than-expected quarter earnings by some blue-chip companies also triggered selling, they said.

In the Asian region, Japan's Nikkei Index was down 0.88 percent, while Hong Kong's Hang Seng index shed 0.55 percent in early trade.

The US Dow Jones Industrial Average ended 0.07 percent down in yesterday's trade.

PTI