The BSE benchmark Sensex fell over114 points in early trade today on continued selling by foreign funds ahead of industrial output data amid weakening trend in global markets. The 30-share barometer, which had lost 50.86 points in yesterday's trade, fell further by 114.54 points to 16,553.47 in early trade. In a similar fashion, the wide-based National Stock Exchange Nifty index declined by 27 points, to 5,040.70.