Sensex down on weak Asian cues

October 27, 2015 10:09

The benchmark BSE Sensex fell over 106 points in early trade today on selling in banking, oil and pharma stocks by investors amid weak global trends.

Investors were cautious ahead of October series expiry in the derivatives segment on Thursday, brokers said.

The 30-share barometer, which had lost 108.85 points yesterday, fell further by 106.83 points or 0.39 per cent to 27,255.13.

All the sectoral indices led by healthcare, realty and banking were trading in the negative zone with losses up to 0.39 per cent. Also, the NSE Nifty declined by 27.40 points or 0.33 per cent to 8,233.15.

Housing finance major HDFC was down over 2 per cent after it posted moderate growth in profit for the second quarter of 2015-16 fiscal. Among major losers on BSE, oil major ONGC was down 2.5 per cent and Lupin by 2.2 per cent. Metal stocks Hindalco and Vedanta fell up to 2 per cent while telecom major Bhari Airtel fell up to 1 per cent in early trade.

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