Indian equities are trading in a sluggish manner on Tuesday tracking muted trend in other Asian markets. At 10.40 a.m., the Sensex was trading down 78.35 points or 0.29% at 27,128.39 with 20 components falling. Meanwhile, the Nifty was trading lower by 13.15 points or 0.16% at 8,133.15 with 37 components falling.

Realty index dropped the most with a fall of 1.28% followed by Metal  (0.91%) and Oil & Gas (0.74%). On the other hand IT index climbed by 0.89%. Hindalco, Tata Steel, ONGC and M&M were top losers in the Sensex pack. On the other hand, Bajaj Auto, Wipro, Maruti Suzuki and TCS were major gainers in the benchmark index.

The BSE Midcap index was at 9,877.98 down by 6.84 points or by 0.07%. Overall market breadth was positive with 1,157 advances against 1,122 declines.

Shares of Pidilite Industries and Engineers India are active in the day's trade. Pidilite Industries registered a sharp rise in share prices of 2.41% today after it announced that the parties have closed and completed the acquisition of the adhesive business of Bluecoat.

Engineers India registered a rise of 0.89% after the company secured a consultancy contract from Assam Petrochemicals.