TIL Desk/Business/Mumbai/ The BSE benchmark cracked below the 30,000-level by dropping 133 points in early trade today on emergence of profit-booking after yesterday’s strong rally. Besides, a weak trend in global markets as investors await the US non-farm payrolls data and drop in commodity prices overnight also influenced sentiment.
The 30-share barometer tripped by 133.04 points, or 0.44 per cent, to 29,993.17 in early trade. The index had risen by 231.41 points in the previous session, buoyed by reform steps in the banking and infra space.
Sectoral indices led by metal, capital goods, FMCG, IT, teck, auto, power and realty were trading in the negative zone, falling by up to 1.45 per cent. Also, the NSE Nifty was trading 32.35 points or 0.35 per cent lower at 9,327.55.
