New Delhi: The Sensex and Nifty pared their early gains on Tuesday and were trading down by over 0.6 per cent on emergence of fresh selling in banking, oil & gas, consumer durables and TECK stocks.
At 11.44 am, the 30-share BSE index Sensex was down 115.06 points (0.61 per cent) at 18,771.07 and the 50-share NSE index Nifty was down 45.60 points (0.82 per cent) at 5,505.15.
Among 30-share Sensex, BHEL, Tata Motors, Coal India, ONGC and Jindal Steel were the top five gainers, while HDFC, Hero MotoCorp, HDFC Bank, RIL and ICICI Bank were the major losers.
Domestic sentiment took a beating by a weak rupee which was trading 76 paise down at 66.78 against dollar and on poor manufacturing data.
Meanwhile, Asian stocks climbed the most in a month on upbeat factory output data from around the world, while gold and yen lost their safe-have appeal as US delayed a possible strike on Syria.
Japan's Nikkei surged 379.32 points or 2.79 per cent to 13,952.20, Hong Kong's Hang Seng jumped 258.29 points or 1.16 per cent to 22,433.60 and Australia's S&P/ASX 200 was up 7.52 points or 0.15 per cent at 5,195.80.
China's official purchasing managers' index (PMI) of manufacturing hit 51.0 last month, up from 50.3 in July and the best reading since April last year.