India Shares Down Early

 

The BSE benchmark index Sensex declined by 98 points in early trade today due to selling by funds and retail investors amid a weak trend in Asian markets.
The 30-share barometer fell by 98.34 points, or 0.53 per cent, to trade at 18,144.22 points. The index had lost 299.64 points in the previous session.
Infosys, which tumbled over 20 per cent in the previous session on disappointing Q4 results and a weak forecast for this fiscal, was down 1.5 per cent in early trade. Another IT giant TCS was also down over 1 per cent.
Consumer durables, IT, auto, realty and capital goods sector stocks bore the brunt of selling pressure.