Sensex Falls Over 100 Points

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Mumbai: The BSE Sensex index fell as much as 108.59 points to hit 40,336.56 on the downside, and the broader NSE Nifty benchmark declined to as low as 11,888.05, down 33.45 points from the previous close.

At 9:36 am, the Sensex traded 27.11 points – or 0.07 per cent – lower at 40,418.04 while the Nifty was down 14.05 points – or 0.12 per cent – at 11,907.45.

Losses in financial, consumer goods and energy stocks pulled the markets lower, however, gains in automobile shares provided some support. However, the markets recovered most of those losses in the first few minutes of trade.

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