Sensex falls 84 points in opening trade

Mumbai, August 27: Snapping a five-session winning streak, the Bombay Stock Exchange benchmark Sensex today plunged by 84 points in opening trade on emergence of profit-booking at higher levels amid weak Asian markets.

The 30-share index, Sensex, which had gained nearly 960 points in the past five straight sessions, fell by 84.36 points at 15,685.49, or 0.80 per cent, as stocks of realty, metals and auto came under some pressure.

Similarly, the Nifty index on the wide-based National Stock Exchange lost 35.70 points,or 0.29 per cent to 4,645.15.

Emergence of profit-booking by funds as well as retail investors mainly led to the decline in stock prices, brokers said.

Squaring-up of positions by market participants, as today being the last session of monthly expiry in the derivatives segment also put some pressure on the trading sentiment.

–PTI