Mumbai, August 12: The Bombay Stock Exchange benchmark Sensex today fell by almost 197 points in opening trade on selling by foreign funds and retail investors, tracking weak global markets.
The 30-share index moved down by 196.58 points, or 1.21 per cent to 14,878.01 points in opening trade after stocks of auto, metals and realty sectors suffered the most.
Similarly, the Nifty index on the wide-based National Stock Exchange fell by 62.60 points, or 1.39 per cent at 4,408.75. All the sectoral indices dipped with losses up to 1.68 per cent.
Brokers said selling pressure gathered momentum on the domestic bourses in tandem with weakness on the US markets and similar trends in morning trade on other Asian bourses.
In the auto sector, Mahindra and Mahindra was down by 2.13 per cent at Rs 768.25, Maruti Suzuki 0.61 per cent at Rs 1,284 and Tata Motors 1.
–PTI