Sensex falls by 75 points after two days of gains

sensex

After two days of gains, the benchmark BSE Sensex fell nearly 75 points in early trade today on profit booking by funds amid a weak trend in other Asian markets.

The 30-share barometer, which had gained 187.50 points in the previous two sessions, fell by 74.56 points, or 0.35 per cent, to 21,176.56.

Stocks of FMCG, banking, IT and auto sectors led the fall.

Similarly, the National Stock Exchange index Nifty declined by 6.00 points, or 0.10 per cent, to 6,307.80.

Brokers said profit selling by funds amid a weak trend in the Asian region influenced the trading sentiment.

Among other Asian markets, Hong Kong’s Hang Seng fell by 0.34 per cent while Japan’s Nikkei was down 0.30 per cent in early trade today.

The US Dow Jones Industrial Average ended 0.27 per cent lower in yesterday’s trade. PTI