Mumbai: The BSE benchmark index Sensex fell by 55 points in early trade on Wednesday as investors booked profits after recent gains.

The 30-share barometer, which rallied by 330.25 points in the previous session, moved down by 54.62, or 0.32 percent, to 17,138.93 points in early trade today.

In a similar fashion, the wide-based National Stock Exchange index Nifty declined by 21.35 points, or 0.41 percent, to 5,177.90 points.

Brokers said investors booked profits after recent gains amid a mixed trend on the other Asian bourses.

In the Asian region, the Hong Kong's Hang Seng index shed 0.04 percent, while Japan's Nikkei was quoted 0.16 percent higher in early trade.