Sensex down 92 points on sell-off across indices, weak Asian cues


The benchmark BSE Sensex fell over 92 points and the NSE Nifty dipped below the 7,600-mark in early trade on selling in auto, FMCG, banking, capital goods and consumer durables stocks.
Besides, a weak trend in other Asian bourses also influenced sentiment here.
The 30-share index fell by 92.50 points or 0.37% to 24,808.13 after regaining the 25,000-mark to hit 25,013.13 points on Wednesday.

The gauge had gained 17.04 points in the previous volatile session.
The NSE Nifty broke below the 7,600-mark by falling 22.55 points or 0.30% to 7,591.80.
Brokers said trimming of positions by participants ahead of earnings season, weak trend at other Asian markets despite the release of minutes from the Federal Reserve’s latest meeting showing policymakers broadly agree US interest rate should remain low, dampened trading sentiments.
Among other Asian markets, Japan’s Nikkei was down 0.25% while Hong Kong’s Hang Seng was down 0.08% in morning trade on Thursday. Shanghai Composite index edged lower by 0.86%.
The US Dow Jones ended 0.64% higher in Wednesday’s trade.