Early on D-Street | Market shows signs of weakness; follow stock-specific approach

Market barometer Sensex snapped the winning run of the last three consecutive sessions on December 16 due to profit-booking at higher levels in the absence of any fresh trigger.

Sensex and Nifty remained volatile during the session, eventually settling in the red.

The BSE Sensex fell 71 points, or 0.17 percent, to 40,939 while the Nifty50 closed with losses of 33 points, or 0.27 percent, at 12,054. BSE Midcap and Smallcap closed with losses of 0.46 percent and 0.20 percent, respectively.

On the sectoral front, IT, Realty and Teck logged gains, but rest others failed to perform. FMCG, Telecom, Auto, Consumer Durables and Metal indices fell by over a percent.