Zee Media Bureau
The benchmark BSE Sensex fell over 242 points Wednesday as funds and retail investors booked profits after two sessions of gains amid a weak trend in the Asian region.
The 30-share barometer, which had gained 427.17 points in the previous two sessions, moved down by 242.74 points, or 0.94 percent, to 25,665.27, led by weakness in metals, banking, realty and FMCG stocks.
Similarly, the National Stock Exchange index Nifty dropped 74.50 points, or 0.96 percent, to 7,672.05.
Brokers said besides profit-booking by speculators after recent gains, a weak trend at other Asian markets after a sharp fall in US markets, influenced the sentiments here.