Economy

Sensex Down by 110 Points to 32759, Nifty at 10096

However, profit booking in banking and auto stocks capped gains.

Around 1.10 p.m., the wider Nifty50 of the National Stock Exchange (NSE) traded lower by 49.15 points or 0.49 per cent at 10,078.60 points.

Market breadth was negative with 1,101 advances against 1,460 declines.

The NSE Nifty50 inched up 5.95 points or 0.06 per cent to 10,127.75 points, while the BSE Sensex closed at 32,869.72 points - up 36.78 points or 0.11 per cent - from Monday's close. The Indian rupee gained in the early trade on Tuesday and has opened higher by 7 paise at 64.30 per dollar versus previous close 64.37.

Mumbai: The benchmark BSE Sensex fell over 108 points in opening trade following a cautious stance adopted by participants ahead of the RBI policy review amid weak Asian cues. The 50-pack index made a small bearish candle on the daily chart and formed a lower-high lower-low formation for the fourth consecutive day.

On the currency front, the rupee strengthened by 9-10 paise to close at 64.37-38 against the USA dollar from its last week's close at 64.47. This has led to selling by investors, which added to the negative mood.

On the other hand, Coal India (2.09%), Asian Paints (1.02%), Sun Pharmaceutical Industries (0.95%), Reliance Industries (0.92%), Maruti Suzuki India (0.91%), and NTPC (0.75%) were the major losers in the Sensex.



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