Equity market indices are bearish in morning trade, tracking global cues.
BSE Sensex is trading at 49,095.38 down 173.94 points or 0.35%.
Nifty50 is currently trading at 14,464.75 down 20.00 points or 0.14%. Nifty Bank is trading down 0.46% at 31,850.30 while Mid-cap Index is up by 0.98%.
Tata Motors, GAIL, Eicher Motors, IOC and Tata Steel are the top gainers while Asian Paints, IndusInd Bank, Titan, Kotak Bank and Hindustan Unilever are the top losers.
Nifty Metal stocks rally to soar 1.6% and Auto stocks are also bullish in morning trade. Nifty IT, Pharma, FMCG, Banking and Financial Services are in the negative territory.
Out of 50 stocks traded on the NSE, 22 advanced and 28 declined.
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