Indian shares had a tepid start on Tuesday even as investors and traders remained net buyers in a market trading near 13-month lows.
The
Maruti found favour after the Reserve Bank of India allowed foreign investors to buy up to 40 percent equity in the car maker.
Broader indices suffered a bout of early profit booking with the CNX 100, CNX 200 and CNX 500 indices slipped lower in trade. The sector-specific space was mixed with the Bank Nifty and CNX Finance Indices slipping in trade while benchmarks representing the FMCG, Realty, Pharma and Energy indices edging higher.
Sentiment was flat on the
The mood was sombre in the futures and options space with action being limited to mid cap futures. Kaveri Seed, Amtek Auto, Britannia and Voltas gained ground while Bharat Forge, Vedanta, Hind Zinc and Hindalco dropped in trade. The Advance-Decline Ratio was seen at 65/92 with the metals and banking space coming under pressure.
Camlin Fine Sciences, JBM Auto, Venkey's India and Corporation Bank were some of the stocks on the list of volume buzzers on the NSE.
(Image credits: Indiatimes)