Sensex, Nifty Open In Red

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Mumbai: The S&P BSE Sensex and NSE Nifty 50 indexes edged lower in trade on Tuesday mirroring losses in other Asian markets.

Losses in metal, information technology and select banking shares weighed on the benchmarks in opening trade. The Sensex fell as much as 71 points and the Nifty 50 index touched an intraday low of 12,028.55.

Six of 11 sector gauges compiled by National Stock Exchange were trading lower led by the Nifty Metal index’s over 1 per cent decline.

Nifty Bank, Nifty IT, Nifty Financial Services and Nifty Private Bank indexes were also trading with a negative bias.

On the other hand, Nifty Auto index was top gainer, up 0.3 per cent.

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