Sensex down 156 points in early trade today

Mumbai: The Sensex tanked over 156 points and the NSE Nifty dipped below the 8,200-level in early trade on Wednesday.

The 30-share barometer was down by 156.11 points or 0.57 per cent to 27,097.33. The index had lost 217.37 points in the previous two straight sessions.

All the sectoral indices led by banking, realty and capital goods were trading in the negative zone, falling up to 0.94 per cent.

The Nifty slipped below the 8,200-mark by losing 51.90 points or 0.63 per cent to 8,181.00.

Among Asian markets, Shanghai composite was quoting 0.91 per cent lower, Hong Kong’s



Hang Seng shed 0.72 per cent, while Japan’s Nikkei up by 0.60 per cent.

The Dow Jones Industrial Average ended 0.24 per cent lower in Tuesday’s trade.

The rupee weakened by 12 paise to 65.09 against the U.S. dollar in early trade on Wednesday.

Besides, the dollar’s gain against other currencies overseas and a lower opening in the domestic equity market put pressure on the rupee, dealers said.

On Tuesday, the rupee ended at 64.97 per dollar at the Interbank Foreign Exchange market.