Mumbai, December 5: Key Indian equity domestic indices- BSE Sensex and NSE Nifty opened on a negative note during early morning trade on Tuesday. Sensex was down by over 64 points or 0.20% to 32,805.60 while the wider Nifty was down by over 21 points or 0.21% to 10,106.40. The Indian rupee gained in the early trade on Tuesday and has opened higher by 7 paise at 64.30 per dollar versus previous close 64.37.
The major losers that dragged down the key indices include Adani Ports, NTPC, Tata Steel, Power Grid, Bajaj Auto, Wipro, Coal India, Hero MotoCorp, HDFC Bank, ONGC, L&T, Dr Reddy’s and SBI. Among other Asian markets, Hong Kong’s Hang Seng was down 0.39 per cent while Japan’s Nikkei shed 0.42 per cent in early session today. Shanghai Composite Index too shed 0.02 per cent.
At 3.30 PM: Sensex closed 67 points low or 0.20% at 32,802.44 on Tuesday while the wider Nifty was down by over 9 points or 0.09% to 10,118.25.
At 3 PM: Markets traded flat during afternoon trade on Tuesday. Sensex was down by over 24 points or 0.07% to 32,845.24 while the wider Nifty was up at 10,129.10.
At 1.30 PM: Sensex slumped 130 points or 0.40% to 32,739.39 while the wider Nifty was down by 32 points or 0.32% to 10,095.75. The initial public offering (IPO) Shalby Hospitals opened for subscription on bourses on Tuesday. The IPO starting today will remain open until 7 December.
At 12.30 PM: Sensex was down by over 110 points or 0.34% to 32,759.48 while the wider Nifty was dpwn by over 31 points or 0.31% to 10,096.40. The weak Asian cues as technology stocks tracked a sell-off in their US counterparts that saw the Nasdaq tumbling over 1 per cent overnight, weighed on the sentiments, brokers said.
At 10.30 AM: Benchmark Sensex was 80 points low or 0.25% to 32,788.81 while the wider Nifty was down by over 29 points or0.30% to 10,097.85. The RBI’s two-day monetary policy review kicks off today and the decision is due tomorrow. This has led to selling by investors, which added to the negative mood. The weak Asian cues as technology stocks tracked a sell-off in their US counterparts that saw the Nasdaq tumbling over 1 per cent overnight, weighed on the sentiments, brokers said.
On Monday, markets ended in green where Sensex closed 36 points up or 0.11% to 32,869.72 while the wider Nifty was up by over 5 points or 0.06% to 10,127.75. As per reports, Asian stocks were mixed as investors were trading cautiously after US stocks declined on last Friday.
According to PTI reports, reversing a four-session slide, benchmark Sensex rose 37 points to end at 32,870 on value-buying by domestic investors in IT, tech, metal and healthcare stocks. Trading was highly volatile throughout the session ahead of RBI’s monetary policy review and Gujarat elections later this week.