Mumbai, May 27 - After two days of gains, the benchmark indices Sensex and Nifty slipped in early trade on Tuesday due to trends in IT stocks and weak Asian markets. The 30-share BSE Sensex fell 460.38 points to 81,716.07 in early trade.
The NSE Nifty fell 162.05 points to 24,839.10. Later, the BSE benchmark fell 627.86 points to 81,548.59 and the Nifty fell 178 points to 24,807.95.
Among Sensex firms, NTPC, Mahindra & Mahindra, Bajaj Finserv, HCL Tech, Eternal, Tata Consultancy Services, Infosys, UltraTech Cement, Axis Bank and Tata Motors lagged behind. Meanwhile, IndusInd Bank remained in the gain.
According to exchange data, foreign institutional investors bought equities worth Rs 135.98 crore on Monday. The rupee opened 19 paise lower at 85.29 against the US dollar in early trade.