<p>The benchmark BSE Sensex continued its slide for a third straight session as it fell by 160 points in early trade on sustained capital outflows by foreign funds and selling by retail investors.<br /><br /></p>.<p>In addition, weakness in the rupee against the American currency too weighed on the sentiment.<br />The 30-share Sensex plunged by 159.77 points or 66 per cent, to trade below 24,000-mark at 23,861.21 in early trade.<br /><br />Stocks of bank, healthcare, metal, oil&gas and realty were trading in the negative zone with losses up to 1.11 per cent.<br /><br />The gauge had lost 595.99 points in the previous two sessions.<br />On similar lines, the NSE Nifty fell by 41.90 points, or 0.57 per cent to 7,256.30.<br />Major losers that dragged down the indices were Tata Motors, ICICI Bank, Dr Reddy's, Adani ports, ONGC, GAIL, Sun Pharma, Lupin, M&M and SBI.<br /><br />Brokers said sentiment remained weak as participants indulged in offloading their positions, tracking a weak trend in Asian region following overnight losses in the US market as investors grappled with weakness in overseas equity markets and another drop in oil prices.<br /><br />In the Asian region, Japan's Nikkei lost 2.40 per cent in early trade, while China's Shanghai Composite index and Hong Kong's Hang Seng remained closed for a public holiday.<br /><br />The Dow Jones Industrial Average ended 0.08 per cent lower yesterday.<br /><br /></p>
<p>The benchmark BSE Sensex continued its slide for a third straight session as it fell by 160 points in early trade on sustained capital outflows by foreign funds and selling by retail investors.<br /><br /></p>.<p>In addition, weakness in the rupee against the American currency too weighed on the sentiment.<br />The 30-share Sensex plunged by 159.77 points or 66 per cent, to trade below 24,000-mark at 23,861.21 in early trade.<br /><br />Stocks of bank, healthcare, metal, oil&gas and realty were trading in the negative zone with losses up to 1.11 per cent.<br /><br />The gauge had lost 595.99 points in the previous two sessions.<br />On similar lines, the NSE Nifty fell by 41.90 points, or 0.57 per cent to 7,256.30.<br />Major losers that dragged down the indices were Tata Motors, ICICI Bank, Dr Reddy's, Adani ports, ONGC, GAIL, Sun Pharma, Lupin, M&M and SBI.<br /><br />Brokers said sentiment remained weak as participants indulged in offloading their positions, tracking a weak trend in Asian region following overnight losses in the US market as investors grappled with weakness in overseas equity markets and another drop in oil prices.<br /><br />In the Asian region, Japan's Nikkei lost 2.40 per cent in early trade, while China's Shanghai Composite index and Hong Kong's Hang Seng remained closed for a public holiday.<br /><br />The Dow Jones Industrial Average ended 0.08 per cent lower yesterday.<br /><br /></p>