Mumbai (PTI): Continuing its slide for the second straight session, the benchmark Sensex lost another 191 points in early trade today on heavy selling by funds, following a weak trend on the other Asian equity markets and absence of stimulating measures for the industry in the interim budget.
The Bombay Stock exchange index, which had lost over 329 points in Monday's trading, fell by another 191.59 points or 2.06 per cent to 9,113.86 points. All the sectoral indices were trading in negative zone with losses up to 4.27 per cent in early trade.
The 50-share National Stock Exchange Nifty also lost 58.35 points to 2,790.15.
Marketmen said most of the bluechips remained under pressure on sustained selling by funds as well as retail investors following sharp losses on the Asian markets and absence of any market friendly measure in the interim budget.
Major losers, which dragged the Sensex down, are Reliance Industries by 1.79 per cent to Rs 1,295.50, SBI by 2.02 per cent to Rs 1,113, ICICI Bank by 2.13 per cent to Rs 400.50, Tata Motors by 1.10 per cent to Rs 134.60, Sterlite Industries by 1.28 per cent to Rs 259.20, Tata Steel by 2.83 per cent to Rs 178.85 and Infosys by 0.80 per cent Rs 1,211.80.
Meanwhile, Hong Kong's Hang Seng fell by 3.01 per cent and Japan's Nikkei by 1.47 per cent, while Singapore's Strait Times was down 1.29 per cent in early trade on Tuesday.
