Benchmark indices opened lower on Tuesday. Sensex is down over 100 points, while Nifty is holding above 10,200.
At 09:16 hrs IST, the Sensex was down 103.45 points or 0.30% at 33963.95, and the Nifty down 39.40 points or 0.38% at 10211.50.
Tata Motors, Hindalco, Gail, Yes Bank, HCl Tech, IndusInd Bank, Asia, Paints were the major gainers on the indices. Oil marketing companies HPCL, BPCl, IOC are trading lower by 1-3 percent.
Market at pre-open :
Benchmarks were expectedd to have a subdued start, with Sensex rising over 50 points in pre-opening trade, while the Nifty could be trading flat.
The Sensex is up 7.74 points or 0.02% at 34075.14, and the Nifty down 10.60 points or 0.10% at 10240.30.
Shares of BPCL are trading lower by around 10 percent, while LIC Housing Finance is up 10 percent.>