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This is how the markets opened today!

This is how the markets opened today!
Stock Market1 min read

Indian shares had a tepid start on Tuesday even as investors and traders remained net buyers in a market trading near 13-month lows. Stocks in the capital goods, realty and textile sectors were in demand in the first session of trade.

The Nifty fell 17 points to 7,855 in initial trades on the National Stock Exchange. Vedanta, Tata Motors, Ambuja Cement, Tata Steel and Bharti were the top losers on the index while Maruti, Tech Mahindra, Hindustan Unilever, Yes Bank and BPCL edged up higher. The Advance-Decline Ratio was negative, at 18/31. Maruti, ICICI and Axis Bank were the top traded stocks on the exchange.

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 Bombay Stock Exchange where the Sensex slipped 41 points to 25,814 in early deals. Bajaj auto, HDFC, Wipro and GAIL slipped in trade while Sun Pharma, ONGC, NTPC showed modest gains. The Advance-Decline Ratio was 10/20 and Coal India, Tata Steel and Axis Bank were the top three traded counters.

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)

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