The Sensex and Nifty opened lower today with auto and metal stocks leading the losses. While the Sensex fell 132 points to 36,121, Nifty lost 52 points to 10,857.
Of 30 Sensex stocks, 24 were trading in the red.
TCS (0.88%), Infosys (0.50%), YES Bank (0.46%) and SBI (0.27%) were the top Sensex gainers.
Top Sensex losers were Vedanta (2.45%), M&M (2.38%) and Tata Steel (2.26%).
On Tuesday, the Sensex closed 186 points higher at 36,254 and Nifty ended 47 points in the green at 10,910.
Top sectoral losers were auto and metal stocks with the BSE auto falling 263 pts to 20,462 and BSE metal index losing 229 pts to 11,522.
Meanwhile, the mid cap and small cap indices were trading 26 points lower and 18 points lower in early trade.
Market breadth was marginally negative with 673 stocks trading higher compared to 823 falling on the BSE.
The Eicher Motors stock fell 5.28% to 21,958 level after its two-wheeler division Royal Enfield reported a 13 per cent decline in total sales to 58,278 units in December.
The company had sold 66,968 units in December last year.
Domestic sales stood at 56,026 units last month as compared with 65,367 units in December 2017, a dip of 14 per cent.
Global markets
Asian stock markets tumbled Wednesday as 2019 trading began, after surveys showed Chinese manufacturing weakening.
The Shanghai Composite Index lost 1.1 percent to 2,465.29 and Hong Kong's Hang Seng fell 2.6 percent to 25,161.03. Japan's markets were closed. Seoul's Kospi lost 1.3 percent to 2,013.80 and Sydney's S&P-ASX 200 shed 0.9 percent to 5,593.80. Manila advanced while Singapore and Jakarta retreated. New Zealand was closed.
Brent crude, used to price international oils, slumped 53 cents to $53.27 per barrel in London. It added 59 cents the previous session to close at $53.80.
Edited by Aseem Thapliyal