Mumbai: In range bound trading, the Bombay Stock Exchange benchmark Sensex on Monday fell 41 points on profit-booking by investors despite firm global trend.

The Sensex, which had gained over 840 points in the last three sessions, lost 41.50 points or 0.25 percent at 16,805.33 after moving between 16,863.10 and 16,691.21.

The broad-based National Stock Exchange index Nifty fell 11 points to 5,039.15.

Brokers said investors participation declined ahead of market closure tomorrow on account of 'Moharum.'

Blue-chips such as Reliance Industries, ITC, ICICI Bank and HDFC Bank fell as investors booked profits in these stocks after last week's gains.

In the broader market, retail companies lost ground as the government has put on hold the decision to open multi- brand retail amid widespread opposition to the move.

Pantaloon, V2 Retail and Trent fell by up to 11 percent.

Firm cues from global market led to some value buying in the strong stocks, restricting the fall to an extent. Asian stocks closed in the green and European markets opened higher as well.

Metals, consumer durables, FMCG, healthcare, realty and auto sector stocks declined, while power, IT, capital good and banking sectors ended in the positive zone.