Mumbai, India (BBN) – The Sensex and Nifty were trading marginally down due to profit-booking by funds and retail investors amid firm Asian cues.
At 10.20am, the 30-share BSE index Sensex was down 23.33 points or 0.08 per cent at 29,024.86 and the 50-share NSE index Nifty was down 14.1 points or 0.16 per cent at 8,949.35, reports The Hindu Business Line.
Among BSE sectoral indices, metal index fell the most by 1.1 per cent, healthcare 0.51 per cent, FMCG 0.45 per cent and IT 0.37 per cent.
On the other hand, power index was up 0.73 per cent, consumer durables 0.51 per cent, oil & gas 0.41 per cent and capital goods 0.38 per cent.
Top five Sensex gainers were Adani Ports (+0.88 per cent), Tata Motors (+0.86 per cent), TCS (+0.76 per cent), Reliance (+0.7 per cent) and GAIL (+0.52 per cent), while the major losers were Infosys (-1.59 per cent), Tata Steel (-1.56 per cent), Axis Bank (-1.04 per cent), State Bank of India (-0.85 per cent) and Sun Pharma (-0.85 per cent).
The benchmark BSE Sensex rose about 50 points in early trade on sustained buying by funds and retail investors amid mixed global cues.
Rising for the second straight session, the BSE 30-share barometer surged 49.98 points or 0.17 per cent to 29,098.17.
The gauge had rallied 215.74 points in the previous session.
Also, the NSE Nifty gained 14.40 points or 0.16 per cent to 8,977.85.
Asian shares rose on Tuesday, diverging from New York markets that slipped on concern about President Donald Trump’s ability to focus on economic policies.
Oil prices were mixed amid fears growing US production will offset OPEC cuts.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose almost 0.5 per cent, after pulling back slightly in early trade.
Japan’s Nikkei fell 0.2 per cent.