Sensex Falls Over 50 Points, Nifty Near 12,200

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Mumbai: The BSE Sensex index opened 82.54 points higher at 41,543.80 and the broader NSE Nifty benchmark started the session at 12,211.85, down 2.7 points from the previous close.

At 9:16 am, the Sensex traded 17.81 points – or 0.04 per cent – higher at 41,479.07 while the Nifty was down 8.70 points at 12,205.85. Analysts say recent weakness after a series of record highs may be an indication of some consolidation in the domestic markets in the near term.

Gains in auto and metal shares were offset by weakness in energy stocks.

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