Mumbai, India (BBN) – The Sensex and Nifty were trading marginally lower due to sustained selling by investors amid disappointing corporate earnings.
Brokers said that apart from profit-booking in recent gainers by investors, disappointing earnings by some bluechips companies like Tata Motors and Sun Pharma dampened the sentiment, reports The Hindu Business Line.
At 11.12 am, the 30-share BSE index Sensex was down 64.17 points or 0.23 per cent at 28,275.14 and the 50-share NSE index Nifty was down 18.55 points or 0.21 per cent at 8,773.75.
Among BSE sectoral indices, realty index fell the most by 2.13 per cent, followed by auto 1.74 per cent, healthcare 1.14 per cent and power 0.53 per cent. On the other hand, oil & gas index was up 0.33 per cent, FMCG 0.09 per cent and capital goods 0.02 per cent.
The 30-share Sensex fell further by 69.39 points, or 0.24 per cent, to 28,269.92 with auto, realty, healthcare and consumer durables stocks leading the fall.
The gauge had lost 12.31 points in the previous session.
The NSE Nifty fell by 17.10 points, or 0.19 per cent, to 8,775.20.