Mumbai (PTI):: Continuing its slide for the third straight session, the benchmark Sensex fell by 112 points in early trade today as investors squared off positions on the concluding day of derivatives series amid weak global cues and negative foreign funds activity.
The 30-share barometer, which had lost nearly 413 points in the previous two sessions, shed another 112.15 points, or 1.16 per cent to 9,574.60 in early trade, with all the sectoral indices, led by realty and metals, trading in the negative zone, thus pushing losses up to 2.88 per cent.
The wide-based Nifty of the National Stock Exchange also slipped by 33.50 points to 2,935.15 points.
Brokers said reports that world's major economies were deeper into recession despite concerted efforts by the respective countries to boost the growth had an adverse impact on the market sentiment.
They said investors seem unwilling to make any fresh commitments and preferred to book profits ahead of the long Christmas holidays in international markets.
