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Sensex falls for fourth straight session in early trade amid weak Asian cues

BSE Sensex Fell For The Fourth Straight Session To Trade At 26,408.74 In Early Trade On Monday On Sustained Selling By Investors And Funds

PTI | Updated on: 19 Dec 2016, 11:06:03 AM
Sensex - File Photo

New Delhi:

BSE Sensex fell for the fourth straight session to trade at 26,408.74 in early trade on Monday on sustained selling by investors and funds amid weak Asian cues.

The 30-share gauge was down 80.82 points, or 0.31 per cent, 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 per cent, 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 per cent while Hong Kong's Hang Seng shed 0.84 per cent in early trade. Shanghai Composite too shed 0.19 per cent. The Dow Jones Industrial Average ended 0.04 per cent lower in Friday's trade. 

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First Published : 19 Dec 2016, 10:47:00 AM

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