Know how the markets opened today

Indian stocks got off to a tepid start on Tuesday as investors remained net sellers on the technology pack even as they lapped up some beaten down mid caps such as Havells Ltd.

The Nifty fell 28 points to 8,115 at the start of trade as metal stocks remained under selling pressure. Hindalco and Vedanta were top losers on the index coupled with Infosys, Cairn and ONGC.

Bit buying was observed in BPCL, ITC, BHEL and Dr. Reddy's on the Nifty, which enjoyed an Advance-Decline Ratio of 31/19.

Infosys, TCS and Hindalco were the top three traded stocks on the Nifty.

Broader markets are muted as well. The CNX 100, CNX 200 and Mid Cap indices traded flat.
Modest gains were seen on the Small Cap Index.

The sectoral space was also weak except for benchmarks representing the FMCG and Media sector and small gains were seen on the CNX PSU Bank Index and the CNX Realty index.

The mood was equally quiet on the Bombay Stock Exchange where the Sensex fell 80 points to 26,819 points. Tata Steel, Tata Motors, ICICI Bank and Hero Motor slipped in trade while BHEL, Larsen and Wipro showed traction on the upside.

The Sensex enjoyed an Advance-Decline Ratio of 1:1 and Infosys, Hindalco and Tata Motors were the top traded counters on the Index.

Mid caps were in demand in the futures and options market with futures of Cadila, BPCL, Havells and IB Real Estate inching up. Frontline bluechips saw selling. Hence, Hindalco, Vedanta, ONGC and Tata Steel dropped in the derivatives space.

Fiem Industries, Blue Star and Jet Airways were some stocks on the volume buzzers list of the National Stock Exchange.

(Image credits: Indiatimes)