Equity benchmarks remained under pressure on profit booking after nearly a percent rally in previous session on easing of Brexit concerns.
The 30-share BSE Sensex fell 71.74 points to 26795.18 and the 50-share NSE Nifty declined 24.30 points to 8214.20 while the broader markets outperformed benchmarks, rising 0.3 percent each.
The market breadth was positive as about 1019 shares advanced against 659 declining shares on Bombay Stock Exchange.
Reliance Industries, HDFC Bank, L&T, ITC, Axis Bank, Asian Paints, Tata Motors and Maruti fell 0.5-1 percent while M&M, ONGC, Adani Ports, Bajaj Auto and GAIL gained 1 percent each.
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Opening Bell by TradeIndia Research
SENSEX UP + 40.50 @ 26907.42,
NIFTY FUTURE DOWN – 0.75 @ 8251.15,
BANK NIFTY FUTURE DOWN – 13.05 @ 17715.30,
USD/INR – 67.39