Market benchmarks Sensex and Nifty started on a tepid note on Monday weighed down by a sharp fall in other Asian equities amid uncertainty over US-China trade deal and escalating political issues in Hong Kong.
After opening over 100 points lower, the 30-share index pared some losses to trade 4.57 points, or 0.01 %, lower at 40,319.04.
Similarly, the broader NSE Nifty slipped 7.75 points, or 0.06 %, to 11,900.40.
Top losers in the Sensex pack included Sun Pharma, HCL Tech, TCS, Infosys, RIL, Vedanta and Asian Paints, shedding up to 1.43 %.
On the other hand, Yes Bank, M&M, Tata Motors, NTPC, Tata Steel and Kotak Bank rose up to 2.61 %.
In the previous session, the Sensex ended 330.13 points, or 0.81 % lower at 40,323.61. Similarly, the Nifty plunged 103.90 points, or 0.86 %, to end at 11,908.15.
Foreign institutional investors purchased shares worth ₹ 932.20 crore in the capital market on Friday, while domestic institutional investors sold equities worth ₹ 584.48 crore, data available with stock exchange showed.
Globally, bourses in Shanghai, Hong Kong, Tokyo and Seoul were trading up to 2.10 % lower as investors got spooked by more violent protests in Hong Kong.
Earlier in the day, a Hong Kong police officer shot at masked protesters, hitting at least one in the torso, as anger sparked by the recent death of a student spilled into the rush hour commute.
Further, US President Donald Trump said he has not agreed to roll back tariffs on Chinese imports, dampening recent optimism for a major de-escalation in the US-China trade war.
On the currency front, the rupee also depreciated 8 paise against the US dollar to trade at 71.37 in early session.
Brent futures, the global oil benchmark, fell 0.86 per cent to $61.97 per barrel.
