The national equity benchmark Sensex fell more than 85 points in early trading Tuesday amid a lack of directional signals from global markets.
The 30-share BSE Index opened on a choppy note and was trading 2.15 points or 0.01 percent lower at 38,415.08; while the NSE Nifty fell 6.80 points or 0.06 percent to 11,348.25.
PowerGrid was the main loser in the Sensex package, losing around 1 percent, followed by NTPC, Nestlé India, ONGC, L&T, HDFC and M&M.
On the other hand, Reliance Industries, Sun Pharma, Infosys, Axis Bank and ICICI Bank were among the winners.
In the previous session, Sensex closed 60.05 points or 0.16 percent more at 38,417.23, while Nifty advanced 21.20 points or 0.19 percent to close at 11,355.05.
Exchange data showed that foreign institutional investors sold shares worth a net worth of Rs 6.93 crore on Monday.
Domestic stocks opened on a choppy note following mixed signals from global stocks, traders said.
The Shanghai and Hong Kong stock exchanges were losing in mid-session trading, while the Seoul and Tokyo stocks were positive.
Wall Street stocks ended on a negative note in the evening session.
Brent crude oil’s world benchmark was trading 0.14 percent lower at $ 41.95 a barrel.
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