By IANS
Mumbai : The Indian equities market opened lower Tuesday in line with its Asian peers, which were mostly in the red due to weak cue from the US.
The 30-share BSE Sensex was down 98.47 points or 0.53 percent at 18,561.85. The Sensex touched a low of 18,509.54 in initial trade, shedding 150.78 points.
The broader CNX S&P Nifty was down 29.55 points or 0.54 percent at 5,433.95.
The BSE Mid-Cap index was up 0.28 percent at 8,027.28, while the BSE Small-Cap was up 0.63 percent at 10,426.85.
The market breadth was strong on BSE as 1,128 stocks advanced as compared to 665 that declined, while 36 stocks remained unchanged.
Other Asian markets were also trading weak Tuesday. Hong Kong’s Hang Seng plunged 1.32 percent, Japan’s Nikkei dipped 1.24 percent, Singapore’s Straits Times fell 0.69 percent and South Korea’s Seoul Composite was down 0.29 percent.
IT, auto, metal stocks were among the top laggards. But there was buying in select realty and fast moving consumer goods (FMCG) stocks.
Nalco, ICICI, TCS, Satyam, Infosys, Hero Honda, Wipro, Suzlon, RPL, Sterlite, NTPC, BPCL and Tata Steel were among the laggards.
TTML, Parsvnath, Rolta and Punj Loyd were among the mid-caps trading in the green.