Mumbai: Amid concerns over strengthening rupee, the BSE benchmark Sensex on Friday fell by 140 points as investors booked profits, particularly in IT stocks.

Extending its losing streak for the fourth day, the Bombay Stock Exchange barometer shed 139.73 points to close at 19,451.45 points. The 30-share index had lost 111 points in the previous three sessions.

In a similar fashion, the broad-based National Stock Exchange index Nifty lost 43.70 points to 5,842, after hitting the day's low of 5,822 and a high of 5,926.95.

Brokers said investors were booking profits after rally in the last month and said the selling was more confined to software exporting companies as rupee strengthened against the US dollar.

The rupee was trading at five-and-a-half month high of Rs 43.98 per dollar as foreign funds increased holdings of the country’s shares to benefit from its economic growth.

Besides, realty, auto, consumer durable and refinery stocks were notably lower on profit booking.

Tata Consultancy Services, the largest software exporter, declined for third day losing Rs 4.50 to Rs 1,194.90. The second largest Infosys dropped by Rs 20.50 to Rs 3,226.95 and
Wipro by Rs 6.30 to Rs 465.45.

As the selling spilled over a wide-front, the smallcap stock index lost 1.40 per cent to 8,772.55 and midcap index by 1.25 per cent to 7,173.50.

(Agencies)