Mumbai: The BSE benchmark Sensex fell by over 129 points in early trade on Friday on fresh selling by funds and retail investors, triggered by weak global cues.
The 30-share barometer, which gained 326 points in last three sessions, fell by 129.23 points, or 0.76 percent, to 16,903.33 within five minutes of trading.
The wide-based National Stock Exchange index Nifty also declined 34.35 points, or 0.67 percent, to 5,130.65.
Brokers said continued selling by funds amid a weak trend on Asian bourses following overnight losses at the US market mainly dampened the trading sentiment.
The weakening rupee, which hit a fresh all-time low of 56.87, also influenced the sentiment among foreign investors, they said.
In Asian region, the Hong Kong's Hang Seng index fell by 1.16 percent, while Japan's Nikkei shed 0.93 per in early trade. The US Dow Jones Industrial Average lost 1.96 percent in Thursday's trade.


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