MUMBAI: The benchmark BSE Sensex slipped by over 110 points to 27,097.85 in morning trade on persistent selling pressure, mainly in FMCG, auto, metal and realty stocks in view of heavy foreign capital outflows.
Foreign portfolio investors (FPIs) sold shares worth a net Rs 2,808.27 crore on Wednesday, as per provisional data available with stock exchanges.
The Sensex resumed slightly higher at 27,215.19 but fell back to 27,097.85, showing a loss of 110.76 points, or 0.40 per cent.
The CNX 50-share Nifty also eased by 26.15 points, or 0.31 per cent, to 8,147.95.
Asian stocks were trading mixed in early trade.
Key benchmark indices in China, South Korea and Taiwan were up by 0.23-1.24 per cent while Japan and Singapore were down by 0.02-0.15 per cent.
U.S. markets remained closed yesterday on account of "Christmas".
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