Indian equity benchmarks continued to trade lower but managed to trim some losses in afternoon trading to come off the day’s low points, on the back of positive cues from other Asian markets. The Sensex was trading at 60,759.07, down by 77.34 points or 0.13% after trading in a range of 60,666.01 and 60,989.41. On the index, 11 stocks were advancing and 19 stocks declining.

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The broader indices were trading in green with the BSE Midcap index down by 0.09% and the Small cap index up by 0.38%. The top gaining sectoral indices on the BSE were Metal up by 1.62%, Industrials up by 0.36%, Capital Goods up by 0.33%, Energy up by 0.22% and Realty up by 0.17%, while IT down by 0.87%, TECK down by 0.85%, Healthcare down by 0.64%, Utilities down by 0.49% and Consumer Durables down by 0.36% were the top losing indices on BSE.

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The top gainers on the Sensex were Bajaj Finserv up by 3.41%, Ultratech Cement 3.35%, Reliance Industries 1.10%, Tata Steel 0.88%, and Asian Paints 0.84%. On the flip side, Infosys was down by 1.51%, Dr. Reddy’s Lab was down by 1.27%, Power Grid down by 1.07%, Sun Pharma down by 1.06%, and HDFC Bank down by 0.97%.

The Nifty was trading at 18,050.05, down by 2.65 points or 0.01% after trading in a range of 18,017.15 and 18,108.00. On the index, 24 stocks were advancing against 26 stocks declining.

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The top gainers on Nifty were Bajaj Finserv up by 3.54%, Ultratech Cement 3.36%, Adani Enterprises 2.16%, Hindalco 1.99%, and JSW Steel 1.82%. Hero MotoCorp down by 2.62%, BPCL down by 1.75%, Infosys down by 1.55%, HDFC Life Insurance down by 1.40%, and Dr. Reddy’s Lab down by 1.24% were the top losers.

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Asian markets were trading mostly in green with the Hang Seng increasing 966.20 points or 6.3% to 16,305.69, Taiwan Weighted strengthening 40.11 points or 0.31% to 13,026.71, KOSPI rising 19.26 points or 0.83% to 2,348.43, Shanghai Composite gaining 72.79 points or 2.43% to 3,070.60 and Straits Times advancing 25.19 points or 0.81% to 3,127.70. On the flip side, Nikkei 225 slipped 463.65 points or 1.68% to 27,199.74, and Jakarta Composite lost 53.63 points or 0.76% to 6,980.94.