MUMBAI: The BSE benchmark Sensex fell by over 41 points in opening trade on Thursday, extending Wednesday's losses on continued selling by foreign funds and retail investors amid weak cues from global markets.
High inflation and rising interest rates also kept the trading sentiment weak.
The 30-share barometer, which lost 9.67 points in Wednesday's see-saw session, moved down further by 41.49 points, or 0.23 per cent, to 17,509.14 in opening trade on Thursday.
Stocks of banking, realty, auto and metal companies remained under pressure.
Similarly, the wide-based National Stock Exchange Nifty index shed 16.30 points, or 0.30 per cent, to 5,262.00.
Market experts said the trading sentiment remained bearish amid a subdued trend on other Asian bourses, tracking overnight losses in the US market.
In addition, high inflation and rising interest rates dampened the trading sentiment, they said.
In the Asian region, Hong Kong's Hang Seng index was trading 0.78 per cent lower and Japan's Nikkei shed 0.74 per cent this morning. In the US, the Dow Jones Industrial Average ended 0.66 per cent lower in Wednesday's trade.
High inflation and rising interest rates also kept the trading sentiment weak.
The 30-share barometer, which lost 9.67 points in Wednesday's see-saw session, moved down further by 41.49 points, or 0.23 per cent, to 17,509.14 in opening trade on Thursday.
Stocks of banking, realty, auto and metal companies remained under pressure.
Similarly, the wide-based National Stock Exchange Nifty index shed 16.30 points, or 0.30 per cent, to 5,262.00.
Market experts said the trading sentiment remained bearish amid a subdued trend on other Asian bourses, tracking overnight losses in the US market.
In addition, high inflation and rising interest rates dampened the trading sentiment, they said.
In the Asian region, Hong Kong's Hang Seng index was trading 0.78 per cent lower and Japan's Nikkei shed 0.74 per cent this morning. In the US, the Dow Jones Industrial Average ended 0.66 per cent lower in Wednesday's trade.
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