Mumbai, India (BBN)-Lacklustre trading in the Nifty and the Sensex continued as participants were yet to return to active trading after the holiday week.
The Nifty and the Sensex opened flat to positive but slipped into the red in early trade, reports The Hindu Business Line.
The Nifty opened 16 points up at 8,196, while the Sensex opened 22 points up at 26,617.
At 9.53am, the 30-share BSE index Sensex was down 48.21 points or 0.18 per cent at 26,547.24 and the 50-share NSE index Nifty was down 16.3 points or 0.2 per cent at 8,16320.
Hindalco, Power Grid, Tata Power, Tata Motors and BHEL were the top five Nifty gainers in morning trade which saw an advance decline ratio of 22:29.
All the broader and sectoral indices were trading flat. Volatility was up 2.95 per cent with the India Vix quoting at 16.2975.
Among BSE sectoral indices, consumer durables index gained the most by 2.16 per cent, oil & gas 1.09 per cent, PSU 0.93 per cent and realty 0.8 per cent. On the other hand, IT index was down 0.69 per cent, TECk 0.67 per cent and FMCG 0.24 per cent.
Top five Sensex gainers were Power Grid (+1.47%), Cipla (+0.72%), Axis Bank (+0.68%), SBI (+0.66%) and Reliance (+0.64%), while the major losers were Infosys (-1.79%), Hero MotoCorp (-1.33%), Wipro (-1.00%), HDFC (-0.99%) and Bharti Airtel (-0.96%).