Sensex below 58, 700; Nifty leaves 17,400

Domestic share benchmarks were moving between gains and losses on Tuesday amidst weak global cues

Indian share market benchmarks Bombay Stock Exchange Sensex and broader NSE Nifty 50 opened with gains on Tuesday morning, amidst weak global cues after Wall Street closed with losses and Asian markets followed the fall.

 

Sensex was trading 264 points or 0.45 percent higher at 58,755 and, Nifty 50 advanced 80points or 0.46 percent to 17,477.75 in its opening deals.

 

The BSE Sensex was trading at 58,325, fell by 165 points or 0.28 percent. While, Nifty 50 fell by 41 points or 0.24 percent, at 17,354.

 

Broader markets were trading on a mix note, while India VIX was down with significant losses.

 

Hindustan Unilever was up 1.5 percent as the best performer, followed by HCL Technologies, Asian Paints, NTPC, Tech Mahindra, Dr Reddy’s Labs and Bharti Airtel.

 

Maruti Suzuki India was the top q2 at the Sensex, down 2.74 percent, followed by Bajaj Auto, ICICI Bank, Axis Bank, Tata Steel and Nestle India.

 

In international market, the Asian benchmarks, Hang Seng and Nikkei were trading with deep losses. While, theWall Street equities followed a negative note.

India Scanner News Network

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