Benchmark indices were trading lower in afternoon trade after witnessing a gap up opening as investors waited awaited March-quarter earnings results.
Both Sensex and Nifty have gained in double-digits so far this year with NSE Nifty touching a record high of 9,273.90 last week, on the back of strong foreign investments and hopes for additional economic reforms.
At 1:11 pm, the S&P BSE Sensex was trading at 29,606 down 100 points, while the broader Nifty50 was ruling at 9,176, down 22 points.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices outperformed
Both Sensex and Nifty have gained in double-digits so far this year with NSE Nifty touching a record high of 9,273.90 last week, on the back of strong foreign investments and hopes for additional economic reforms.
At 1:11 pm, the S&P BSE Sensex was trading at 29,606 down 100 points, while the broader Nifty50 was ruling at 9,176, down 22 points.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices outperformed