Sensex snaps 4-session gains on profit-booking

The benchmark BSE Sensex fell over 14 points in early trade on Monday as funds and retail investors booked profits after four sessions of gains amid a mixed trend in other Asian markets.

Mumbai: The benchmark BSE Sensex fell over 14 points in early trade on Monday as funds and retail investors booked profits after four sessions of gains amid a mixed trend in other Asian markets.

The 30-share barometer, which had gained 774.09 points in the previous four sessions, shed 14.47 points, or 0.06 percent, to 26,088.76, led by weakness in FMCG, IT, realty and tech sector stocks.

Similarly, the National Stock Exchange index Nifty lost 5.10 points, or 0.07 percent, to 7,786.60.

Brokers said besides profit-booking by speculators after recent gains, a mixed trend at other Asian markets amid weekend losses in the US markets, influenced the sentiments here.

Among other Asian bourses, Japan's Nikkei was trading 0.07 percent higher, while Hong Kong's Hang Seng shed 0.16 percent in early trade today.

The US Dow Jones Industrial Average ended 0.30 percent lower in Friday's trade.

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