Sensex, Nifty Open Marginally Lower; Broader Indices Outperform

Indian bourses opened in red on Tuesday morning, with the benchmark BSE Sensex and Nifty marginally lower from their previous close. The BSE Sensex dropped 25 points to 76,464 levels, while the Nifty50 slipped by 0.06 per cent at 23,244 levels.

NTPC, Tata Steel, Nestle India, Mahindra and Mahindra, Larsen Toubro, HCL Tech SBI, Ultratech Cement and Powergrid were the top gainers on Sensex, whereas Asian Paints, Bharti Airtel and ICICI Bank were among top losers.

On Nifty 50 Eicher Motors, Adani Ports, and HUL were among the top five leaders while Bajaj Finance, Dr Reddy’s Labs and SBI Life led the losses.

Broader indices outperformed the benchmarks with MidCap index rising 0.43 and the SmallCap index above 0.51 per cent.

Among indices, Nifty Realty, Nifty Media and Nifty Pharma shot up by 1.79 per cent, 0.76 per cent and 0.46 per cent, respectively. On the other hand, Nifty Financial Services led the sectoral losses down 0.41 per cent.