Sensex falls 75 points on profit-booking

Mumbai: The benchmark BSE Sensex fell over 75 points in early trade today 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 per cent 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 per cent 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 per cent, while Japan’s Nikkei gained 0.68 per cent in early trade today tracking overnight gains in the US. The US Dow Jones rose 0.14 per cent to close at record high in yesterday’s trade.