Mumbai, November 14: After ending low on Monday, key Indian equity domestic indices- BSE Sensex and NSE Nifty opened in red during early morning trade on Tuesday. Sensex was down by over 2 points or 0.01% at 33,031.27 while the wider NSE Nifty was down by over 5 points or 0.06% at 10,219.25. The gainers during early morning trade on Tuesday were NTPC, Reliance Industries, M&M, Kotak Bank, Maruti Suzuki and Lupin. The Indian rupee opened higher by 9 paise at 65.33 per dollar on Tuesday versus 65.42 on Monday.
During the pre-opening session, Sensex was flat while Nifty was the red. A total of 946 companies will announce their quarterly results today. Among them are Bank of Baroda, Sun Pharma, Eicher Motors, GAIL, Jaiprakash Associates, MOIL, Reliance Capial, Religare Enterprises, Omaxe, IVRCL, Unitech, Gitanjali Gems, Anant Raj, Apex Frozen and Cadila Healthcare.
At 3.30 PM: BSE Sensex closed 91 points down or 0.28% at 32,941.87 while the wider NSE Nifty was down by over 38 points or 0.38% at 10,186.60.
At 2.30 PM: BSE Sensex was down by over 43 points or 0.13% at 32,990.26 while the wider Nifty was down by over 28 points or 0.28% at 10,196.70. The major gainers in BSE Sensex were Reliance, M&M, Bajaj Auto and Hero Moto Corp.
At 1 PM: Markets continued to trade in red during the afternoon session on Tuesday. Sensex was down by over 62 points or 0.19% at 32,971.24 while the wider Nifty was down by over 32 points or 0.32% at 10,192.25. The market switched direction many times today as the Sensex fell into the loss zone, unnerved by a rise in both CPI and WPI inflation. Investors now turned their focus to September quarterly earnings due today. The Consumer inflation (CPI) jumped to a 7-month high of 3.58 per cent in October, driven by costlier food items, particularly vegetables.
At 11 AM: Markets traded flat during morning trade on Tuesday. BSE Sensex was up by over 15 points or 0.05% at 33,048.60 while the wider Nifty was down by over 3 points or 0.03% at 10,221.95.
At 9.30 AM: Markets turned positive after opening on a negative note on Tuesday. Sensex was up by over 72 points or 0.22% at 33,106.21 while the wider Nifty was up by 11 points or 0.11% at 10,236.55.
On Monday, Sensex cracked below 33,000 but finally ended at a three-week low of 33,033.56, down 281 points. The NSE Nifty settled the day lower 96.80 points, or 0.94 per cent, at 10,224.95 after shuttling between 10,334.15 and 10,216.25 during the day.
The home currency too extended its fall for the second straight session and saw a 26 paise plunge in value to an over one-month low of 65.42 a dollar amid sustained demand for the US currency on Monday. Reports state that industrial production (IIP) grew at a slower pace of 3.8 per cent in September, mainly due to a subdued performance of the manufacturing sector coupled with a contraction in output of consumer durables.