Sensex down 62 points in early trade

Mumbai, June 19: The BSE benchmark Sensex today fell for the second straight day by losing nearly 62 points in early trade on sustained selling by funds amid a mixed trend in other Asian markets. The 30-share barometer fell by 61.96 points, or 0.32 per cent, to 19,161.32. The index had lost 102.59 points in the previous session.

Stocks of oil and gas, consumer durables, capital goods and banking sectors were major losers, pulling down the benchmark Sensex. The wide-based National Stock Exchange index, Nifty dipped below 5,800 points mark by falling 17.40 points, or 0.30 per cent, to 5,796.20.

Brokers said sustained selling by funds in the absence of any positive factor amid a mixed trend in the Asian region, mainly dampened the trading sentiment here. In the Asian region, Hong Kong's Hang Seng index traded lower by 0.18 per cent, while Japan's Nikkei Index rose 1.25 per cent, in early trade. The US Dow Jones Industrial Average ended 0.91 per cent higher in yesterday's trade.

PTI