Sensex loses 96 points in early trade

Sensex fell by 96 points in early trade on Friday, after opening on a promising note, on emergence of profit booking by funds.

The Bombay Stock Exchange benchmark Sensex fell by 96 points in early trade on Friday, after opening on a promising note, on emergence of profit booking by funds.

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The 30-share index, which opened 50 points higher, lost 95.83 points to 20,008.56 in the first ten minutes of trade.

Similarly, the wide-based National Stock Exchange's Nifty commenced the day on a good note but fell by 40.55 points to 6,017.55 points.

A weak trend in global stock markets dampened the trading sentiment to some extent, market men said.