Profit booking subdues indices, banking stocks down
Mumbai: Profit booking during the morning trade session subdued both key indices — Sensex and Nifty — on Tuesday.
However, positive Asian markets aided the domestic indices to pare some of the losses.
Buying was witnessed in IT, healthcare and TECK (technology, entertainment and media) counters while metal scrips came under selling pressure.
Stocks of key sectors; finance and banking also traded lower.
The Sensex of the BSE opened at 35,394.77 from its previous close at 35,354.08 on Monday.
At 9.29 a.m., the Sensex traded at 35,325.19 lower by 28.89 points or 0.08 per cent.
The Nifty50 of the National Stock Exchange (NSE) opened at 10,621.45 after closing at 10,628.60 on Monday.
The Nifty traded at 10,612.70 during the morning trade session, down 15.90 points and 0.15 per cent.