Key-Benchmark indices opened on a negative note tracking weak cues Asian equities. Investors were booking profits ahead of the announcement of key economic data later today.
The BSE Sensex fell 44.69 points or 0.13% at 33,411.10, while the NSE Nifty 50 index rose 2.65 points or 0.03% at 10,324.90.
Banking stocks were trading down led by losses in SBI, ICICI Bank and Bank of Baroda.
Shares of Dr. Reddy’s jumped 4.1% after the USFDA cleared the company’s unit-3 in Hyderabad.
Shares of Oil & Natural Gas Corporation rose 1.2 percent after the global crude oil prices hit their highest level since 2015 overnight.
Sectorally, shares of Metal, Media, Pharma and Auto were the top gainers, while shares of FMCG, PSU Bank, and Realty Index were the top losers on the NSE.
Dr.Reddy’s Vedanta, GAIL India, Hindalco and ONGC were the top gainers on the Nifty50.