The BSE benchmark Sensex fell sharply by over 252 points in the opening trade today on fresh selling by foreign funds and retail investors, taking cues from weak Asian markets. The 30-share barometer, which gained nearly 112 points in the previous sessions, fell by 252.07 points, or 1.54 per cent, to 16,076.18. Stocks of auto, realty, banking, capital goods and metal sectors were under pressure, dragging down the Sensex. Similarly, the wide-based National Stock Exchange Nifty index slid by 75.05 points, or 1.51 per cent, to 4,867.75 points. Market experts said sentiments turned bearish largely on subdued trend on the other Asian bourses and profit-taking by speculators after previous sessions of gains.
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