Sensex plunges 150 points in early trade ahead of GDP data

The BSE benchmark Sensex fell over 150 points in early trade today on selling by foreign funds and retail investors ahead of March quarter GDP data release amid a mixed trend in the Asian region.
The 30-share barometer fell by 150.27 points, or 0.74 per cent, to 20,065.13 with stocks of FMCG, banking, auto and capital goods sectors leading the fall. The index rose 67.76 points in the previous session.
Similarly, the wide-based National Stock Exchange index Nifty declined by 49.00 points, or 0.80 per cent, to 6,075.05.
Trading sentiment turned bearish after participants indulged in selling ahead of the GDP data, to be released later today, brokers said.

Besides, weakening rupee which hits one-year low against the dollar and a mixed trend in the Asian region, triggered selling, they said.
In the Asian region, the Japan's Nikkei rose 0.86 per cent, while Hong Kong's Hang Seng shed 0.04 per cent in early trade. The US Dow Jones Industrial Average ended 0.14 per cent higher in yesterday's trade.