Sensex goes down by 81 pts; IT, auto stocks drag

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The 30-share barometer declined 80.91 points or 0.29 per cent to 27,446.31, with sectoral indices led by IT, teck, auto and infrastructure accounting for much of the losses, falling by up to 0.43 per cent.

The index had lost 414.29 points in the previous three sessions.

Also, the NSE Nifty was trading lower by 24.40 points or 0.28 per cent at 8,489.60.

Brokers said steady capital outflow by foreign funds and a weak trend at other Asian markets with uncertainty over the US presidential election sending investors rushing for the sidelines, kept the domestic bourses here on a sticky wicket.

Shares of ONGC, Tata Motors, Bharti Airtel, Wipro, Bajaj Auto, Sun Pharma, M&M and Infosys witnessed selling pressure, which pulled down the indices.

Hong Kong’s Hang Seng fell 0.42 per cent while Shanghai Composite declined 0.19 per cent in early trade today.

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