Chennai, India (BBN) – The Indian sensex and Nifty were trading marginally lower owing to profit-booking by funds and retail investors amid weak Asian cues.
At 10.45 a.m., the 30-share BSE index Sensex was down 27.47 points or 0.08 per cent at 33,315.33 and the 50-share NSE index Nifty was down 12.75 points or 0.12 per cent at 10,270.85, reports The Hindu Business Line.
The Indian sensex had gained 582.36 points in the previous two sessions.
Among BSE sectoral indices, metal index fell the most by 0.62 per cent, followed by PSU 0.28 per cent, banking 0.26 per cent and oil & gas 0.23 per cent. On the other hand, capital goods index was up 0.64 per cent, infrastructure 0.58 per cent, FMCG 0.39 per cent and auto 0.15 per cent.
Top five Sensex gainers were L&T (+1.11%), Bajaj Auto (+0.95%), Coal India (+0.86%), Maruti (+0.8%) and ITC (+0.72%), while the major losers were ICICI Bank (-1.88%), Cipla (-1.79%), State Bank of India (-1.27%), Tata Steel (-1.25%) and HUL (-0.88%).
Asian shares started the week on the back foot on Monday, pressured by a retreat on Wall Street amid tax reform uncertainty while the euro skidded after German coalition talks hit an impasse.
MSCI’s broadest index of Asia-Pacific shares outside Japan was nearly flat in early trade. Australian shares were down 0.2 per cent, while Japan’s Nikkei stock average was 0.1 per cent lower.
On Friday, the Dow Jones Industrial Average shed 0.4 per cent, the S&P 500 lost 0.3 per cent and the Nasdaq Composite was down 0.2 per cent.