Mumbai: The BSE benchmark index Sensex on Monday fell by nearly 90 points in early trade, due to fresh selling by funds in the absence of any positive trigger, amid a mixed trend in Asian markets.

The 30-share index, which had gained 165.27 points in the previous session, moved down by 89.64 points, or 0.52 percent, to 17,272.10, as capital goods, metal, IT and banking sector stocks led the decline.

The wide-based National Stock Exchange Nifty declined by 29.40 points, or 0.56 percent, to 5,248.80.

Brokers said fresh selling by funds as the market has been lacking any positive factor amid a mixed trend on other Asian bourses, influenced the trading sentiment here.

In the Asian region, Hong Kong's Hang Seng index was down by 0.08 percent, while Japan's Nikkei index gained 0.29 percent in morning trade on Monday.

(Agencies)