Mumbai: The benchmark BSE Sensex fell over 65 points in early trade on Tuesday on increased selling by funds and retail investors ahead of RBI's monetary policy review.
Continuing yesterday's weakness, the 30-share index fell by 65.35 points, or 0.23 percent, to 28,494.27, with auto, consumer durables, IT, banking, realty and PSU sector stocks leading the fall.
The gauge had retreated from record-closing by losing 134.37 points in the previous session.
Also, the National Stock Exchange index Nifty shed 18.90 points, or 0.22 percent, to 8,537.00 in early trade.
Brokers said besides a mixed trend on other Asian bourses after Moody's downgraded Japan's sovereign debt rating, selling by cautious funds and retail investors ahead of RBI's policy review, influenced sentiments.
Among other Asian markets, Japan's Nikkei shed 0.02 percent, while Hong Kong's Hang Seng index rose 0.29 percent in early trade today.
The US Dow Jones Industrial Average ended 0.29 percent lower in yesterday's trade.
