Sensex 92 pts down in opening trade on profit-taking

STAFF WRITER 9:27 HRS IST

Mumbai, May 11 (PTI) The Bombay Stock Exchange benchmark Sensex fell by over 92 points in the opening trade today after rising the most in nearly 10 months in the previous session, on emergence of profit-booking by foreign funds and retailers.

The 30-share index, which surged 561.44 points in yesterday, edged lower by 92.07 points, or 0.53 per cent to 17,238.48.

Realty, metals, auto and oil and gas sector stocks were under pressure, dragging the Sensex down.

The National Stock Exchange's Nifty fell 17.55 points, or 0.33 per cent, to 5,176.05 points.

Brokers said besides emergence of profit-booking by foreign funds and retail investors, weak trend on other Asian bourses was also responsible for the fall.

Among losers Reliance Industries fell by 0.62 per cent to Rs 1,073.50, Infosys Technologies by 0.70 per cent to Rs 2,656.50, DLF Ltd by 1.27 per cent to Rs 300.25, Sterlite Industries by 0.