Sensex falls 75 points on profit-booking

The NSE Nifty edged down by 30.85 points or 0.36 percent to 8,342.80.

Mumbai: The benchmark BSE Sensex fell over 75 points in early trade Tuesday as stocks of oil&gas, PSU, metal, healthcare and banking companies succumbed to profit-booking after two sessions of gains.

The 30-share index declined by 75.33 points or 0.27 percent to 27,611.97. In the previous two sessions, the gauge gained 481.24 points.

In a similar fashion, the NSE Nifty edged down by 30.85 points or 0.36 percent to 8,342.80.

Brokers said emergence of profit-booking after recent gains and reports that foreign funds have been net sellers on the bourses mainly dampened the sentiments.

However, among other Asian bourses, Hong Kong Hang Seng was up by 0.48 percent, while Japan's Nikkei gained 0.68 percent in early trade today tracking overnight gains in the US.

The US Dow Jones rose 0.14 percent to close at record high in yesterday's trade.

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