Indices trade in the red after higher opening
Mumbai: A massive bout of profit bookings subdued the key indices of the Indian equities markets during the morning trade session on Tuesday. However, the slide came after the barometer 30-scrip Sensitive Index (Sensex) of the BSE touched its new record intraday high.
Market observers said that broadly positive global cues, along with healthy buying support for the capital goods and IT sectors had lifted the key indices.
On intra-day record high basis, the barometer 30-scrip Sensex of the BSE touched 33,865.95 points.
At 1035 hours the S&P BSE Sensex traded 65.65 points or 0.19 per cent lower.
The NSE Nifty50 declined by 36.25 points or 0.35 per cent to 10,415.55 points.
The Sensex, which opened at 33,781.01 points, traded at 33,665.54 points (at 10.35 a.m.), lower by 65.65 points or 0.19 per cent from Monday's close at 33,731.19 points.
The Sensex touched a low of 33,582.38 points during the intra-day trade so far.
"The benchmark indices opened higher on Tuesday tracking Asian markets -- which touched their highest levels in a decade," Dhruv Desai, Director and Chief Operating Officer of Tradebulls, told IANS.