Sensex down 66 points in early trade

October 12, 2012 10:07

The BSE benchmark Sensex today fell by nearly 66 points in early trade as Infosys' second quarter results failed to cheer the market. The 30-share index, which had gained 173.65 points yesterday, fell by 65.90 points, or 0.35 per cent, to 18,738.85 with stocks of IT, capital goods and power sectors leading the fall in first five minutes of trade.

Similarly, the wide-based National Stock Exchange index Nifty declined by 13.20 points, or 0.23 per cent, to 5,694.85. Selling pressure sparked after below-market-expectations September quarter earnings by IT major Infosys, mainly influenced the trading sentiment, brokers said.

Funds and retail investors booking profits at prevailing higher levels also aided the fall in Sensex.

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