According to market observers, heavy selling pressure witnessed in metal, banking and automobile stocks dragged the equity markets lower.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched-down by 10.45 points or 0.11 per cent to 9,094.70 points.
The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 29,369.90 points, traded at 29,295.64 points (around 9.30 a.m.) -- lower by 23.46 points or 0.08 per cent from the previous close at 29,319.10 points.
The Sensex has so far touched a high of 29,373.55 points and a low of 29,266.72 points during the intra-day trade.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.