Sensex, Nifty Edge Lower; Auro Pharma, Dr Reddy's Lab Among Top Losers


Meanwhile, The NSE Nifty index also rose 45.95 points, or 0.42 per cent, at 10,762.50.

The Sensitive Index (Sensex) of the BSE, which had closed at 35,319.35 points on Wednesday, opened higher at 35, 353.96 points.

The BSE Sensex moved up 103 points to 35,319.35, while the wider NSE Nifty finished at 10,741.70, up 23.90 points.

The BSE market breadth was bearish with 1,714 declines and 763 advances so far.

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Investors are keeping to the sidelines ahead of elections in the southern state of Karnataka.

The rupee weakened by 10 paise to trade at a fresh 15-month low of 67.37 against the USA dollar in early trade today due to appreciation of the American currency overseas amid sustained foreign capital outflows and soaring global crude prices. China's main Shanghai Composite Index was flat.

Hong Kong's Hang Seng rose 1.25 per cent and Japan's Nikkei was up 0.90 per cent in their early trade.

Asian markets were mixed as investors digested the news of the U.S. pulling out of the Iran deal.

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The Oil & Gas Index was up 0.54 per cent, outperforming the Sensex. In currency markets, rupee pulled back after falling to 67.43 against the United States dollar.

Provisional data with the exchanges showed that foreign institutional investors sold scrips worth Rs 364.88 crore, while the domestic institutional investors purchased stocks worth Rs 900.69 crore. The US Dow Jones Industrial Average ended 0.80 per cent higher yesterday.

The top losers were Dr Reddy's Lab, down 3.70 per cent at Rs 1,988.30; Tata Motors, down 2.34 per cent at Rs 333.35; Sun Pharma, down 1.85 per cent at Rs 496.95; Power Grid, down 1.77 per cent at Rs 207.95; and Bajaj Auto, down 1.62 per cent at Rs 2,827.80 per share.

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