The 30-share index had settled at 83,277.15 in the previous session. It opened marginally lower at 83,197.67 and oscillated between an intraday high of 83,265.44 and a low of 83,039.01 in early deals
Indian equities opened on a subdued note on Tuesday, with the BSE Sensex slipping 193.25 points, or 0.23 per cent, to 83,083.90 at 9:20 am, dragged lower by heavyweights in banking, metals and energy.
The 30-share index had settled at 83,277.15 in the previous session. It opened marginally lower at 83,197.67 and oscillated between an intraday high of 83,265.44 and a low of 83,039.01 in early deals.
The broader Nifty 50 mirrored the weakness, falling 69.40 points, or 0.27 per cent, to 25,613.35. The index touched a low of 25,591.00 and a high of 25,664.85 in the first few minutes of trade.
IT stocks lend support
Information technology counters offered some support to the indices. Shares of Infosys rose over 1.5 per cent, while TCS, HCLTech and Tech Mahindra gained up to 1 per cent in early trade.
Among other gainers on the Sensex pack were Asian Paints, up over 2 per cent, and Bharat Electronics Limited, which advanced more than 1 per cent.
Heavyweights weigh
On the flip side, index heavyweights exerted pressure. Shares of Reliance Industries declined nearly 0.7 per cent, while private lenders such as ICICI Bank and HDFC Bank slipped up to 0.8 per cent.
Metal stocks were also under pressure, with Tata Steel and Hindalco Industries trading lower by nearly 1–2 per cent.
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