Gold Silver Reports (GSR) – Gains In RIL, Bharti Airtel Cap Losses For Sensex, Nifty – Indian equity benchmarks edged lower dragged by HDFC Bank, Kotak Mahindra Bank and HDFC. However, the losses were capped as index heavyweight Reliance Industries, Bharti Airtel and Wipro saw buying interest. The S&P BSE Sensex fell 0.1 percent or 30 points to 34,585 and the NSE Nifty 50 index declined 0.13 percent or 14 points to 10,600.
Fourteen out of 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Realty index’s 0.6 percent fall. On the flipside, the S&P BSE Telecom index was the top sectoral gainer, up 1 percent.
The mid- and small-cap shares were trading on a muted note as the respective indices were little changed in the opening deals.