The 30-share index was trading 33.67 points or 0.08 per cent lower at 40,453.76 in morning trade. The broader Nifty was trading 11.00 points or 0.09 per cent down at 11,926.50.




Market benchmark BSE Sensex on Tuesday slipped over 33 points in early trade, due to losses in select private banks, IT and auto stocks amid fresh infusion of funds by foreign investors.

The 30-share index was trading 33.67 points or 0.08 per cent lower at 40,453.76 in morning trade. The broader Nifty was trading 11.00 points or 0.09 per cent down at 11,926.50.

Top losers in the Sensex pack in early trade included Yes Bank, TCS, Tech Mahindra, PowerGrid, Infosys, Axis Bank, ITC and IndusInd Bank, falling up to 2.22 per cent.

On the other hand, Sun Pharma, Tata Motors, HUL, ONGC, HDFC, Bajaj Finance and SBI gained up to 1.76 per cent.

In the previous session, the Sensex settled with gains of 42.28 points or 0.10 per cent at 40,487.43. The 50-scrip NSE Nifty closed 16 points or 0.13 per cent higher at 11,937.50.

Foreign institutional investors (FIIs) emerged as net buyers in the capital market, infusing Rs 459.22 on Monday, while domestic institutional investors bought shares worth Rs 74.93 crore, data available with stock exchange showed.

Brent futures, the global oil benchmark, fell 0.09 per cent to USD 64.19 per barrel.

Chinese consumer price index surged 4.5 per cent in November, the National Bureau of Statistics (NBS) said, the highest rate since January 2012.

In early trade Hong Kong slipped 0.1 per cent, Shanghai eased 0.2 per cent, Tokyo slipped marginally. Sydney, Singapore and Taipei fell 0.2 per cent. However, Seoul and Jakarta edged higher.

On Wall Street, the Dow Jones closed 0.4 per cent lower at 27,909.60.

Rupee

The rupee appreciated by 10 paise to 70.94 against the US dollar in early trade on Tuesday as easing crude prices and sustained foreign fund inflows strengthened investor sentiments.

At the interbank foreign exchange the rupee opened at 70.98, then gathered momentum and touched 70.94 against the US dollar, registering a rise of 10 paise over its previous close. On Monday, rupee had settled for the day at 71.04 against the US dollar.

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