Sensex down 80 points on global cues

The BSE-30 share index tumbles by another 79.51 points in the first five minutes of trade.

Tracking global markets, the Bombay Stock Exchange benchmark Sensex fell 80 points in early trade on Thursday on massive selling by funds as well as investors.

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The BSE-30 share index, Sensex, which had tumbled nearly 280 points in the previous session, fell by another 79.51 points at 14,176.42 in the first five minutes of the trade, following a significant decline in heavy-weight stock prices.

Similarly, the wide-based National Stock Exchange's index Nifty fell 67.75 points at 4,130.50.

Stock brokers said weakening global stock markets mainly dampened the trading sentiments in Mumbai, triggering all-round selling by funds as well as retail investors.

Most of the index-related stocks remained in negative zone with moderate to sizeable losses.