Sensex fall 44 points and Nifty below 7,700

After recent gain amid mixed Asian cues, in early trade today the benchmark Sensex down almost 44 points and NSE Nifty slipped below the 7,700 marks. The 30 shares of barometer fall 43.81 points or 0.17 per cent to 25,241.56 while taking a big knock with IT, banking, and technology, FMCG, and infrastructure stocks.

The index had gained 608 points in the last two sessions on increasing prospects of a lower policy rate and sustained foreign fund inflows. Also, the NSE Nifty cracked below the 7,700-mark by falling 31.30 points, or 0.41 per cent, at 7,672.95. In the Asian region, Hong Kong's Hang Seng shed 0.37 per cent while China's Shanghai Composite index was down 0.41 per cent in early trade today. Japan's Nikkei rose 2.01 per cent.

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