Mumbai: The BSE benchmark Sensex extended losses for the fifth trading day in a row losing nearly 168 points in opening trade on Thursday as stocks of IT, FMCG and healthcare sectors fell on sustained selling by funds and retail investors amid a weak trend overseas.
The 30-share Sensex, which lost almost 284 points in the previous four sessions, fell further by 167.54 points, or 0.90 percent, to 18,451.33. Similarly, the wide-based National Stock Exchange Nifty declined by 48.50 points, or 0.86 percent, to 5,618.45.
Brokers said sustained selling by funds amid a weak trend at Asian bourses following overnight losses at the US market as investors worry about the fiscal cliff, mainly dampened the trading sentiment.
However, marginal decline in inflation numbers to 7.45 percent in October capped the losses, they added. Meanwhile, in Asia, Hong Kong's Hang Seng index fell by 1.18 percent, while Japan's Nikkei was up 0.96 percent in opening trade.
The US Dow Jones Industrial Average tumbled 1.45 per cent to its lowest close since June 26 lower in Wednesday's trade.


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