Sensex down 65 points in early trade

February 07, 2013 09:40

The BSE benchmark Sensex on Thursday declined by 65 points in early trade on sustained selling by funds amid a weakening trend on other Asian bourses.

The 30-share barometer fell by 64.99 points, or 0.33 per cent, to 19,574.73 in first five minutes of trading. The index had lost almost 366 points in past five sessions.

Stocks of power, capital goods, metal, consumer durable and banking sectors declined due to profit-booking.

Similarly, the wide-based National Stock Exchange index Nifty fell by 22.75 points, or 0.38 per cent, to 5,936.45.

Brokers said sustained selling by funds amid weakening trend on other Asian bourses mainly influenced the trading sentiment.

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