The Midcap and Smallcap indices are down 0.2-0.4 per cent each at 10,769 and 11,167, respectively.
The market is trading on a cautious note in morning deals, ahead of Federal Reserve meet outcome this Wednesday.
At 10:38 AM, the BSE Sensex is down 24 points at 28,480 and the NSE Nifty is down at 8,638.
The broader market are also in the negative zone, the Midcap and Smallcap indices are down 0.2-0.4 per cent each at 10,769 and 11,167, respectively.
Among sectors, the BSE Metal index has shed almost a per cent at 9,615. The Power and Oil & Gas indices have declined over 0.5 per cent each at 2,201 and 9,357, respectively.
On the other hand, the IT index has spurted around a per cent at 11,708 and the Bank Nifty is up 0.3 per cent at 21,593.
The breadth is negative in morning deals - out of 2,181 stocks so far traded on the BSE 1,235 stocks have declined, while 843 stocks have declined.
In the Metal space - Jindal Steel has cracked 3 per cent at Rs. 180. Sesa Sterlite has plunged around 3 per cent at Rs. 190. NMDC also slipped 2.5 per cent at Rs. 128.
SAIL, Hindustan Zinc and Hindalco are the other significant losers.
On the other hand, Coal India and National Aluminium are the only gainers, up 0.3-0.6 per cent each at Rs. 366 and Rs. 47.50, respectively.
At 10:38 AM, the BSE Sensex is down 24 points at 28,480 and the NSE Nifty is down at 8,638.
The broader market are also in the negative zone, the Midcap and Smallcap indices are down 0.2-0.4 per cent each at 10,769 and 11,167, respectively.
Among sectors, the BSE Metal index has shed almost a per cent at 9,615. The Power and Oil & Gas indices have declined over 0.5 per cent each at 2,201 and 9,357, respectively.
On the other hand, the IT index has spurted around a per cent at 11,708 and the Bank Nifty is up 0.3 per cent at 21,593.
The breadth is negative in morning deals - out of 2,181 stocks so far traded on the BSE 1,235 stocks have declined, while 843 stocks have declined.
In the Metal space - Jindal Steel has cracked 3 per cent at Rs. 180. Sesa Sterlite has plunged around 3 per cent at Rs. 190. NMDC also slipped 2.5 per cent at Rs. 128.
SAIL, Hindustan Zinc and Hindalco are the other significant losers.
On the other hand, Coal India and National Aluminium are the only gainers, up 0.3-0.6 per cent each at Rs. 366 and Rs. 47.50, respectively.
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