Benchmark indices pared opening losses in volatile mid-day trade on Tuesday, with the down 135.92 points or 0.16 per cent at 84,815.03 and the declining 55.10 points or 0.21 per cent at 25,958.35 as of 12:30 pm.
The Sensex opened at 85,042.37 against its previous close of 84,950.95, while the Nifty started at 26,021.80 compared to Monday’s close of 26,013.45. Both indices opened in positive territory but slipped into the red as the session progressed, though losses narrowed from the morning’s sharper declines of 279.66 points and 99.70 points respectively.
Market breadth remained weak on the BSE, with 2,526 stocks declining against 1,466 advancing and 175 remaining unchanged among 4,167 stocks traded. A total of 177 stocks hit the lower circuit compared to 140 in the upper circuit, while 153 stocks touched their 52-week lows against 117 at 52-week highs.
led the gainers on the Nifty 50, rising 1.79 per cent to ₹2,150.00, followed by up 1.24 per cent at ₹1,265.10, gaining 0.98 per cent at ₹2,911.70, advancing 0.67 per cent to ₹823.40, and climbing 0.66 per cent to ₹275.35.
On the losing side, IndiGo dropped 1.83 per cent to ₹5,765.50, Tech Mahindra fell 1.55 per cent to ₹1,430.30, Hindalco declined 1.41 per cent to ₹795.75, Infosys slipped 1.30 per cent to ₹1,488.00, and Bajaj Finserv shed 1.24 per cent to ₹2,053.80.
Sectoral indices showed mixed performance, with marginally up 0.03 per cent at 58,979.95, while Nifty Financial Services declined 0.16 per cent to 27,603.05. Broader markets underperformed, with Nifty Midcap 100 down 0.43 per cent at 60,914.20, Nifty Smallcap 100 falling 0.86 per cent to 18,188.70, and Nifty Next 50 declining 0.52 per cent to 69,789.80.
The indices showed recovery from morning lows amid continued global uncertainty and ahead of weekly F&O expiry, with traders monitoring foreign institutional investor flows and global cues for further direction.