The BSE benchmark Sensex declined by another 49 points in early trade on Friday due to selling in select counters, mainly FMCG, oil and gas, auto, power and PSUs, triggered by lower Asian cues.
Car-maker Maruti Suzuki India extended its recent losses as the strike by workers at the company’s Manesar, Haryana, factory continued.
The BSE benchmark Sensex resumed higher at 18,390.41 and hovered in a range between 18,399.02 and 18,308.21 before quoting at 18,336.10 at 1015 hours, showing a net loss of 48.80 points, or 0.27 per cent, from its last close.
In the 30-member Sensex pack, 21 stocks rose while the rest of them fell.
The major losers from the Sensex pack were ITC (down 1.62 per cent), Maruti Suzuki (1.51 per cent), Hero Honda (0.97 per cent), Reliance Infra (0.88 per cent) and Reliance Industries (0.83 per cent).
The NSE’s 50-share Nifty also moved down by 17.60 points, or 0.32 per cent, to 5,503.45 at 1015 hours.
Most Asian shares fell in early trade on weaker—than— expected trade data from China. The key benchmark indices in Taiwan, South Korea, Hong Kong, Indonesia and China fell by between 0.04 per cent and 0.52 per cent, while indices in Japan and Singapore rose by 0.95 per cent and 0.05 per cent, respectively.