Off from their life-time highs, the domestic markets are trading subdued during today's trade.
At around 10:41 am, S&P BSE Sensex was trading lower by 114.69pts at 49,377.63 while Nifty was trading 0.24% lower at 14,530.10.
These modest losses are being recorded as companies have started rolling out with their quarterly results.
On the sectoral indices list, Nifty Bank pulled through, trading in the green at 32,608.25.
IndusInd Bank led the list gaining by over 3.5%, Bank of Baroda climbed 3.26%, while
PNB, IDFC First Bank and Kotak Bank recorded gains of over 1% each.
The other heavyweight, Nifty FMCG rose by over 0.73%, with
Dabur leading the lot gaining by over 2%.
Britannia and Emami followed its lead by seeing a growth of 1.81% each in their share prices. ITC, too, rose by 1.21%.
IT stocks on the benchmark index were trading lower by 1.69%, dragging it down. This slip is seen a day after IT giants like Wipro (-3.49%) and Infosys (-2.78%) reported their results.
TCS and LTI were the only IT stocks trading in the green.
While IndusInd Bank, L&T and ITC made their way to the list of top gainers, Bajaj Finance (+1.02%), Nestle India (0.98%) and Bajaj Finserv (+0.91%) too made it to the bucket on the BSE.
HCL Tech (-3.42%), Tech Mahindra (-1.85%) and
Asian Paints (-1.45%) were among the top losers.