Indian markets declined in early trade on Tuesday. At 9.16 a.m., the Sensex was trading down 55.66 points or 0.28% at 19,695.53 with 24 components falling. Meanwhile, the Nifty was trading lower by 37.80 points or 0.63% at 5,949.45 with 44 components falling.
The 30-share benchmark index, BSE Sensex opened with a decline of 85.65 points or 0.43% at 19,665.54, while the broad based NSE Nifty started with a fall of 39.05 points or 0.65%, at 5,948.20.
I C I C I Bank contributed fall of 15.14 points in the Sensex. It was followed by I T C (14.97 points), H D F C Bank (7.04 points), Bharat Heavy Electricals (6.3 points) and Larsen & Toubro (4.64 points).
However, Sun Pharmaceutical Industries contributed rise of 8.18 points in the Sensex. It was followed by Infosys (3.73 points), Tata Consultancy Services (1.71 points), Oil & Natural Gas Corporation (1.41 points) and Maruti Suzuki India (0.14 points).
Major gainers in the 30-share index were Sun Pharmaceutical Industries (2.35%), G A I L (India) (0.55%), Infosys (0.24%), Tata Consultancy Services (0.18%), Oil & Natural Gas Corporation (0.17%), and Maruti Suzuki India (0.05%).
On the other hand, Bharat Heavy Electricals (2.78%), Sterlite Industries (India) (1.37%), I C I C I Bank (0.96%), Hindalco Industries (0.93%), I T C (0.75%), and Jindal Steel & Power (0.73%) were the biggest losers in the Sensex.
Market breadth was negative with 168 advances against 317 declines.
Value and Volume Toppers
Fairfield Atlas topped the value chart on the BSE with a turnover of Rs. 21.19 million. It was followed by State Bank Of India (Rs. 10.77 million), Bank Of Baroda (Rs. 9.22 million) and Rural Electrification Corporation (Rs. 6.76 million).
The volume chart was led by Fairfield Atlas with trades of over 0.22 million shares. It was followed by Visesh Infotecnics (0.16 million), Avance Technologies (0.14 million) and Sigrun Holdings (0.11 million).