June 10, 2011 11:42 AM

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Sensex declines by another 49 points in early trade

The BSE benchmark Sensex declined by another 49 points in early trade today due to selling in select counters mainly oil and gas, auto, power and PSUs, triggered by lower Asian cues. Car-maker Maruti Suzuki India extended its recent losses as the strike by workers at the company's Manesar, Haryana, factory continued.The 30-share barometer resumed higher at 18,390 and hovered in a range between 18,399 and 18,308. before quoting at 18,336. at 1015 hours. It shows a net loss of 48.80 points from its last close. The NSE's 50-share Nifty also moved down by 17.60 points to 5,503. at 1015 hours. Most Asian shares fell in early trade on weaker-than- expected trade data from China. The key benchmark indices in Taiwan, South Korea, Hong Kong, Indonesia and China fell by between 0.04 per cent and 0.52 per cent, while indices in Japan rose by 0.95 percent and Singapore 0.05 per cent.

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