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Sensex opens by 58 points

Mumbai: Snapping a two-day rising trend, the Bombay Stock Exchange benchmark Sensex fell by over 58 points in early trade today on profit taking.

The 30-share barometer, which had gained 427 points in the previous two sessions, fell by 58.35 points to 18,390.78 points.

The wide-based National Stock Exchange index Nifty declined by 12.70 points to 5,514.05 points.

Brokers said profit booking by investors after two days of gain mainly influenced the trading sentiment.

Stocks selling was more confined to realty and auto sectors, they added.

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