The benchmark BSE Sensex dropped over 34 points in opening trade on Monday as funds and retail investors indulged in reducing positions on weak Asian cues amid fears over the growing crisis in Iraq.

Stocks of realty, metals, capital goods, consumer durables, PSUs, oil & gas and banking sectors led the fall.

The 30-share Sensex fell by 34.29 points to trade at 25,193.88. It had lost 348.04 points in the previous session on Friday.

The 50-share NSE Nifty, which had lost 107.80 points in Friday’s trade, fell by 16.05 points to 7,526.05.

Among other Asian markets, Hong Kong’s Hang Seng fell by 0.07 per cent, while Japan’s Nikkei shed 0.62 per cent in early trade.

The US Dow Jones Industrial Average ended 0.25 per cent higher in Friday’s trade.

Keywords: BSENSENiftySensexstock market

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