- News>
- Markets
Sensex falls for 4th straight session to trade at 26,408
Falling for the fourth straight session, the benchmark BSE Sensex surrendered another 81 points to quote at 26,408.74 in early trade today on sustained selling by investors and funds amid weak Asian cues.
Mumbai: Falling for the fourth straight session, the benchmark BSE Sensex surrendered another 81 points to quote at 26,408.74 in early trade today on sustained selling by investors and funds amid weak Asian cues.
The 30-share barometer was down 80.82 points, or 0.31 percent, to 26,408.74 in early trade, with sectoral indices led by consumer durables, auto, realty and banking trading lower.
The index had lost 208.26 points in previous three sessions.
The NSE Nifty dropped 25.20 points, or 0.30 percent, to 8,114.25.
Brokers said apart from continued outflows by foreign funds, a weak trend in Asia tracking a sell-off on Wall Street and extending last week's losses on concerns of an expected jump in US interest rates next year mainly pulled the indices down.
Japan's Nikkei fell 0.22 percent while Hong Kong's Hang Seng shed 0.84 percent in early trade today. Shanghai Composite too shed 0.19 percent.
The Dow Jones Industrial Average ended 0.04 percent lower in Friday's trade.