Sensex falls 59 points in early trade

March 28, 2013 09:48

The BSE benchmark Sensex on Thursday fell by almost 59 points in early trade as participants made fresh selling triggered by prevailing uncertainty on the domestic political front and a weakening trend in global markets.

Besides, ending monthly expiry in the derivatives segment also weighed on the trading sentiments.

The 30-share barometer fell by 58.85 points, or 0.31 per cent, to 18,645.68 with realty, auto and FMCG sector stocks leading the fall. The index had gained 23.11 points in the previous session on Tuesday.

Similarly, the wide-based National Stock Exchange index Nifty fell by 18.55 points, or 0.33 per cent, to 5,623.05.

The markets had remained closed yesterday on account of 'holi' festival.

Brokers said fresh selling by funds and retail investors on worries over domestic political stability and a weak trend in the Asian region in line with overnight fall on the US markets dampened the trading sentiment.

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