Indian stock indices opened lower today following negative cues from global markets. 

At 9:23 am, Sensex was down 587 points or 0.72% at 81,280 and Nifty was down 185 points or 0.74% at 24,825.

Selling is seen in the broader markets. Nifty midcap is down 297 points or 0.51% at 58,193 and Nifty smallcap 100 index is down 94 points and 0.49% at 18,855.

On the National Stock Exchange (NSE), 570 shares are in the green and 1,545 shares are in the red.

In the Sensex pack, HUL, Sun Pharma, HDFC Bank, ITC, Nestle and Asian Paints are the top gainers. Tata Motors, Maruti Suzuki, Tata Steel, JSW Steel and L&T are the top losers.

Among the sectoral indices, Auto, IT, PSU Bank and Fin Service are major laggards. Pharma and FMCG are the major gainers.

All major Asian markets are trading in the red. The US markets closed in the red on Aug 1 session.

The foreign institutional investors (FIIs) turned net buyers as they bought equities worth  ₹2,089 crore on Aug 1, while domestic institutional investors sold equities worth ₹337 crore on the same day.

(This story was taken from a syndicated feed, and edited only for style by Gujarat Samachar Digital staff)

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