The Sensex and Nifty opened the session marginally lower as traders remained wary due to October month derivatives expiry later today.
At 9.15 am., the 30-share BSE index Sensex was down 17.33 points at 33,025.17 against the previous close of 33,042.50 and the 50-share NSE index Nifty was down 15.7 points at 10,295.35 against the previous close of 10,279.65.
Among BSE sectoral indices, realty index was down 0.65 per cent, followed by power 0.52 per cent, FMCG 0.31 per cent and TECk 0.2 per cent. On the other hand, PSU index remained investors' favourite and was up 1.89 per cent, oil & gas 1.01 per cent, capital goods 0.93 per cent and metal 0.55 per cent.
Top five Sensex gainers were State Bank of India (+4.99%), L&T (+1.4%), Cipla (+0.95%), Maruti (+0.74%) and Axis Bank (+0.7%), while the major losers were HDFC (-1.89%), HDFC Bank (-1.41%), PowerGrid (-1.39%), Kotak Bank (-0.94%) and Asian Paints (-0.89%).
F&O expiry
Market-wide rollover of F&O positions till Wednesday stood at 35 per cent compared with an average rollover of 54 per cent seen in the last three F&O series. Nifty futures rollovers at 44 per cent which were in line rollovers seen on an average in last three series.
On Wednesday, the 30-share BSE index Sensex ended higher by 435.16 points or 1.33 per cent at 33,042.50 and the 50-share NSE index Nifty closed up by 87.65 points or 0.86 per cent at 10,295.35 as the Finance Minister, Arun Jaitley, had on Tuesday announced a massive Rs 6.92 lakh crore for infrastructure spending and another Rs 2.11 lakh crore for bank recapitalisation to revive investments and growth.
Asian stocks stalled on Thursday, weighed as Wall Street shares pulled back from record highs, while the euro stretched gains ahead of a European Central Bank policy meeting at which it could take a major step away from accommodative policy.
MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.05 per cent. Australian stocks dipped 0.2 per cent while South Korea's KOSPI lost 0.1 per cent. Japan's Nikkei, which had snapped a 16-day winning run the previous day, rose 0.35 per cent.
US stocks fell on Wednesday, with the Dow Industrials and S&P 500 indexes suffering their worst day in seven weeks, on a batch of soft quarterly earnings and a rise in bond yields.
The Dow Jones Industrial Average fell 112.3 points or 0.48 per cent to end at 23,329.46, the S&P 500 lost 11.98 points or 0.47 per cent to 2,557.15 and the Nasdaq Composite dropped 34.54 points or 0.52 per cent to 6,563.89.