Persistent selling by operators and investors in view of sustained capital outflows from foreign funds pulled down BSE benchmark Sensex by 108 points amid the bearish sentiment in Asia.
BSE Sensex fell by 107.95 points, or 0.57 per cent to 18,983.22 at 1015 hours from its overnight close. Similarly, NSE's 50-share index Nifty also moved down by 29.35 points, or 0.51 per cent to 5,699.75 at 1015 hours.
Asian stocks fell in the early trade after rating agency Standard & Poor's yesterday downgraded the US soverign rating outlook from stable to negative.
The key benchmark indices in China, Hong Kong, Indonesia, Japan, Singapore, South Korea and Taiwan fell by between 0.37 per cent to 1.88 per cent.
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