Sensex down 172 points; July F&O series starts on weak note

The benchmark BSE Sensex fell almost 172 points to 27,724.12 in early trade on Friday on fresh selling by participants as July series in the derivatives segment began on a subdued note amid weak Asian cues. The 30-share index, which had gained 166.30 points in the previous session, fell by 171.85 points or 0.61 per cent to 27,724.12.Selling in realty, banking, power, capital goods, metal, PSU, oil & gas and auto stocks weighed on the performance.On similar lines, the NSE Nifty was trading lower by 45.50 points, or 0.54 per cent, at 8,352.50.