The benchmark BSE Sensex fell by 107 points in early trade today, cutting short its seven-day winning streak as investors reduced their bets after Standard & Poor's kept India's sovereign rating unchanged. Negative Asian cues too weighed on sentiment.


The 30-share Sensex fell 106.92 points, or 0.31 per cent, to trade at 33,572.32.


The gauge had rallied 918.80 points in the previous seven sessions. The NSE Nifty dropped 41.65 points or 0.40 per cent to 10,348.05. IT, banking, oil and gas and FMCG stocks fell in early trade dragging the indices into the negative zone.


Infosys, Adani Ports, Sun Pharma, Power Grid, Bharti Airtel, Hindustan Unilever, SBI, Kotak Bank, Tata Steel, ITC Ltd, Bajaj Auto, Tata Motors, Coal India, Reliance Industries and TCS fell up to 1.33 per cent.


However, ONGC, L&T, Lupin and ICICI Bank were trading in the positive zone. -- PTI