June 29, 2010 10:24 AM

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BSE Sensex falls by over 98 points in opening trade

The Bombay Stock Exchange benchmark Sensex today fell by over 98 points in the opening trade as investors sold stocks in blue-chips amid weak Asian cues. The 30-share index, which had gained almost 200 points on Monday's session, fell to 17,675 points. Oil and gas, banking and metal sector stocks led the fall. The wide-based National Stock Exchange index Nifty also fell by 40.10 points, to 5,293 points. Market men said trading sentiment turned bearish on emergence of profit-selling by funds at prevailing levels and weakening trend in Asian bourses. Meanwhile, Hong Kong's Hang Seng Index was 1.24 per cent lower in early trade.

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