The BSE benchmark Sensex recovered marginally after initial losses in early trade on Tuesday on the back of buying in realty, oil and gas, healthcare and IT counters despite selling in capital goods, FMCG, auto and power counters.
The BSE benchmark Sensex resumed lower at 18,355.30 and hovered in a range between 18,465.06 and 18,351.24 before quoting at 18,422.58 at 1015 hours, as against yesterday’s closing level of 18,420.11.
However, the NSE 50—share Nifty eased by 7.70 points, or 0.14 per cent, to 5,524.35 from its last close.
Cipla, Reliance Industries, DLF, Reliance Infra and M&M were the major gainers in early trade on good demand.
However, Larsen, Maruti Suzuki, Wipro, Bajaj Auto, HDFC and Tata Power fell moderately on mild selling pressure.
Most Asian stocks fell in the early trade as overnight losses for US stocks weighed on the sentiment. The key benchmark indices in Singapore, Indonesia, Hong Kong, Seoul and Taiwan fell by between 0.2 per cent to 0.87 per cent while indices in Japan and Shanghai moved up 0.23 per cent and 0.11 per cent, respectively.
