BSE benchmark Sensex falling over 55 points and NSE Nifty cracking below the 8,700-mark in early trade today.The 30-share index,which had increased 485.06 points in the preceding three sessions, was trading 55.20 points or 0.20 % lower at 28,127.37 with FMCG, teck, IT, realty and capital goods stocks leading the fall on profit-booking.

NSE Nifty slipped below the 8,700-mark by falling 19.45 points or 0.22 per cent at 8,691.90.

As per the brokers said, “Sentiment was influenced by a mixed trend at other Asian markets following overnight losses in the US markets, trimming of positions by participants”

They added, “Besides, a caution prevailed among participants ahead of RBI Governor Raghuram Rajan's last monetary policy meet"

Among other Asian markets, Hong Kong's Hang Seng index fell 0.%, while Japan's Nikkei moved up 0.11 % in early trade today. Shanghai Composite Index gained 0.14 %.

The US Dow Jones Industrial Average ended 0.08 % lower in yesterday's trade.