BSE Sensex extends losses for the second session, trading below 19,500

BSE Sensex extends losses for the second session, trading below 19,500 Mumbai: Extending losses for the second session, the BSE benchmark Sensex on Friday lost nearly 82 points in early trade as stocks of metal, realty, banking, FMCG and auto sectors fell on sustained selling by participants, tracking a weak trend in the Asian region.

The 30-share index, which has lost 48.73 points in the previous session, fell further by 81.67 points, or 0.42 percent, to 19,437.82.

Similarly, the wide-based National Stock Exchange Nifty declined by 33.55 points, or 0.57 percent, to 5,887.85.

Brokers said increased selling by funds and retail investors as market has been lacking any positive factor, and a weak Asian cues, mainly dampened the trading sentiment here.

Meanwhile, in Asia, Hong Kong's Hang Seng index down by 1.15 percent, while Japan's Nikkei fell 1.94 percent in early trade.

The US Dow Jones Industrial Average ended 0.53 percent higher in yesterday's trade.

PTI