Sensex falls 18 points in early trade

The benchmark index fails to hold early gain and shed 18 points on emergence of profit selling by funds.

The benchmark index failed to hold early gain and shed 18 points on Friday on emergence of profit selling by funds.

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The BSE-30 share index, Sensex, which started higher by 9.39 points, fell down by 18.74 points at 14,480.50 in first five minutes of trade.

Similarly, the wide-based National Stock Exchange's Nifty lost 4.90 points at 4267.55.

Stock brokers said weakening trend in asian markets influenced the trading sentiment here.

They said a constant rise in share prices in last three trading sessions also attracted profit-selling at higher levels.