Equity benchmarks Sensex and Nifty started on a choppy note on Thursday as global investors turned cautious over U.S. President Donald Trump’s impeachment .
Retreating from its record high , the 30-share BSE index was trading 24.89 points or 0.06% lower at 41,533.68 in opening session.
Similarly, the broader NSE Nifty slipped 7.60 points or 0.06% to 12,214.30.
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Yes Bank was the top loser in the Sensex pack falling up to 2.46%, followed by IndusInd Bank, ICICI Bank, Sun Pharma, HDFC, Tata Steel and Bharti Airtel.
On the other hand, M&M was the top gainer, rising up to 1.26%. HCL Tech, Tata Motors, Asian Paints, TCS and HUL were also trading in the green.
In the previous session, the 30-share gauge settled 206.40 points, or 0.50%, up at its all-time closing high of 41,558.57, and the Nifty advanced 56.65 points, or 0.47%, to its record closing peak of 12,221.65.
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According to traders, global investors turned cautious after U.S. Donald Trump became the third President in U.S. history to be impeached .
The House of Representatives formally charged him with abuse of power and obstructing the Congress, setting up a Senate trial next year that will decide whether he remains in office after three tumultuous years.
Meanwhile, on a net basis, foreign institutional investors bought equities worth ₹1,836.81 crore, while domestic institutional investors sold shares worth ₹1,267.57 crore on Wednesday, data available with stock exchange showed.
Bourses in Hong Kong, Shanghai, Tokyo and Seoul were trading on a negative note. Benchmarks on Wall Street ended flat on Wednesday.
Brent futures, the global oil benchmark, slipped 0.02% to $66.16 per barrel.
Meanwhile, the rupee depreciated marginally to 70.98 against the U.S. dollar in morning session.