Sensex turns choppy, Nifty tests 10,200 level

Sensex turns choppy, Nifty tests 10,200 level

Sensex turns choppy, Nifty tests 10,200 level

The BSE Sensex turned choppy after falling nearly 100 points today and NSE Nifty slipped below the 10,200-mark on fresh losses in metal, healthcare, Tech, IT and realty stocks amid muted global cues.

The 30-share barometer, which had gained 286.68 points in the first session of new fiscal yesterday, shed 96.77 points, or 0.29 percent, to 33,158.59.

The NSE Nifty too was trading 29.95 points, or 0.29 percent, lower at 10,181.85.

Brokers said investor sentiment turned weak largely in tandem with a bearish trend in other Asian markets, tracking overnight losses at the Wall Street on weakness in technology shares and trade tension between the US and China.

Top laggards include Wipro, Adani Ports, ONGC, Tata Steel, Coal India, Asian Paint, Infosys, HDFC Bank, Bharti Airtel, L&T and Kotak Bank, falling up to 1.86 percent.

On the other hand, SBI, Yes Bank and ICICI Bank were among the top gainers, rising up to 2 percent.

Meanwhile, on a net basis, foreign portfolio investors (FPIs) sold shares worth Rs 689.75 crore, while domestic institutional investors (DIIs) bought shares worth Rs 413.16 crore yesterday, provisional data released by the stock exchanges showed.

In the Asian region, Hong Kong's Hang Seng fell 0.74 percent, Japan's Nikkei shed 0.88 percent, while Shanghai Composite Index was down 0.93 percent in early deals.

The US Dow Jones Industrial Average ended 1.90 percent lower in yesterday's trade.

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