Stock Market Today: Despite mixed global cues following the US military operation in Venezuela last week, the Indian equity indices started the Monday session flat.
The Nifty50 opened slightly up at 26,333.70 against last session's closing of 26,328.55. In contrast, the Sensex started trading at 85,640.05, compared to the previous day's closing of 85,762.01.
The indices were trading range-bound in early trade. AT around 9:25 am, Sensex was at 85,613, down 148 points or 0.17 per cent, while Nifty 50 was trading at 26,303, down 25 points.
HCL Tech, Infosys, HDFC Bank, Tech Mahindra, Bajaj Finance, TCS, and NTPC were the top losers. Tata Steel, BEL, Axis Bank, Reliance, ICICI Bank, and Asian Paint were trading in positive territory from the Sensex basket.
Sectoral Indices
Among the sectoral indices, Nifty IT dragged nearly 2 per cent, while Nifty FMCG, Nifty Auto, Nifty Fin Services, and Nifty Bank were trading higher.
Broader Market
The broader market showed a mixed approach as Nifty Midcap 100 traded lower, at the same time Nifty Small Cap 100 was trading in green. Nifty 100 and Nifty Next 50 were flat.
This is a developing story...