Markets Fall in Early Trade After Two Days of Rally

Mumbai: Benchmark indices fell in early trade on Thursday, facing heavy volatility, amid emergence of profit-taking and negative trend in the US markets.

Hawkish remarks from Federal Reserve Chair Jerome Powell made investors cautious.

The 30-share BSE Sensex fell 150.18 points to 63,372.97 even after a positive beginning to the trade. The BSE benchmark hit an intra-day all-time peak of 63,601.71 in initial deals. However, the benchmark index faced volatile trends later and was trading marginally lower.