The S&P BSE Sensex was trading 48,310 levels, down 120 points, and the Nifty50 index slipped below the 14,200 levels. ONGC (up 4%) was the top Sensex gainer, followed by Titan which rose 3 per cent after giving business update for the December quarter of FY21. ICICI Bank, Larsen & Toubro, and Bharti Airtel (all up 1%) were the other top gainers. On the other hand, Reliance Industries and ITC (both down 1%) were the top Sensex losers. Besides, HDFC Bank and HDFC were trading half a per cent down, each.
Majority of the Nifty sectoral indices were trading with gains, led by Nifty Metal index, up 1 per cent.
The broader markets outperformed their benchmark peers, with both the S&P BSE MidCap and SmallCap indices trading 0.6 per cent higher, each.
