Equity benchmark indices Sensex and Nifty were trading flat on Tuesday after a weak beginning as investors stayed on the sidelines ahead of the formal announcement of a trade deal with the US.
Rally in Asian markets and fresh foreign fund inflows also helped markets recover the early lost ground, analysts said.
At 10:40 hours, the 30-share benchmark index was trading at 83439.07 down by -3.43 points or by 0 % and then NSE Nifty was at 25449.1 down by -12.2 points or by -0.05 %.
Sensex touched intraday high of 83561.8 and intraday low of 83320.95 The NSE Nifty touched intraday high of 25495.9 and intraday low of 25424.15
The top gainers of the BSE Sensex pack were Kotak Mahindra Bank Ltd. (Rs. 2225.05,+3.64%), Eternal Ltd. (Rs. 262.70,+1.57%), NTPC Ltd. (Rs. 341.50,+1.14%), Asian Paints Ltd. (Rs. 2460.95,+0.72%), IndusInd Bank Ltd. (Rs. 859.80,+0.63%), among others.
The top losers of the BSE Sensex pack were Titan Company Ltd. (Rs. 3473.60,-5.27%), HCL Technologies Ltd. (Rs. 1691.50,-1.11%), Sun Pharmaceutical Industries Ltd. (Rs. 1661.90,-1.07%), Mahindra & Mahindra Ltd. (Rs. 3136.00,-0.78%), Bharti Airtel Ltd. (Rs. 2022.45,-0.50%), among others.
Bankex index was at 63975.44 up by 399.45 points or by 0.63%. Kotak Mahindra Bank Ltd. (Rs. 2225.05,+3.64%), IndusInd Bank Ltd. (Rs. 859.80,+0.63%), ICICI Bank Ltd. (Rs. 1442.00,+0.45%), Federal Bank Ltd. (Rs. 215.35,+0.16%), HDFC Bank Ltd. (Rs. 1988.65,+0.07%),.
CDS index was at 59935.2 down by -1112.11 points or by -1.82%. Titan Company Ltd. (Rs. 3473.60,-5.27%), Kalyan Jewellers India Ltd. (Rs. 565.05,-3.24%), Crompton Greaves Consumer Electricals Ltd. (Rs. 346.05,-1.51%), Havells India Ltd. (Rs. 1521.00,-1.07%), Voltas Ltd. (Rs. 1352.05,-1.05%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3913 , shares advanced were 1832 while 1845 shares declined and 236 were unchanged.