Mumbai: Continuing its slide for the fourth straight session, the BSE benchmark Sensex on Monday fell further by nearly 162 points in early trade due to sustained selling by foreign funds amid a weakening trend on other Asian bourses.
The 30-share barometer, which has lost over 473 points in the previous three sessions, moved down further by 161.62 points, or 1.01 percent, to 15,803.54  in opening trade.
All sectoral indices, led by healthcare, auto and power stocks, fell up to 1.53 percent.
Similarly, the wide-based National Stock Exchange index Nifty declined by 50.26 points, or 1.04 percent, to 4,791.35. Brokers said the trading sentiment remained bearish on sustained selling by funds and retail investors amid a weakening trend on other Asian bourses.
A deprecating rupee, which plunged to record low against the US dollar was another dampening factor, they added.    

In the Asian region, the Japan's Nikkei fell by 2.16 percent, while Hong Kong's Hang Seng shed 1.16 percent in early trade. The US Dow Jones Industrial Average ended 2.22 percent lower on Friday.


Latest News from Business News Desk