Mumbai: The benchmark BSE Sensex faltered in early trade on Monday, declining by over 40 points on profit booking by investors in recent gainers amid mixed Asian cues.
The 30-share barometer fell 40.24 points, or 0.14%, to 28,428.51 with metal, auto, FMCG and banking stocks trading in the red. The index had gained 313.19 points in the previous two sessions.
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The NSE Nifty was also trading lower by 8.85 points, or 0.10%, at 8,812.85.
Brokers said besides profit-booking by participants after recent gains, a mixed trend in Asian regions mainly influenced sentiment.
In other Asian markets, Japan’s Nikkei shed 0.14%, while Hong Kong’s Hang Seng was up 0.30% and China’s Shanghai Composite Index was up 0.51 per cent in early trade today.
The Dow Jones Industrial Average ended 0.02% higher in Friday’s trade.