The Indian Equity benchmarks fluctuated in opening trade as RBI’s monetary policy committee is scheduled to meet on Thursday, 6 June.
The S&P BSE Sensex fell as much as 0.15 percent to 40, 207 and the NSE Nifty 50 fell as much as 0.22 percent to 11,996 as of 9:22 am. The broader market index represented by the NSE Nifty 500 Index fell as much as 0.21 percent.
The market breadth was slightly tilted in favor of buyers, About 730 stocks advanced and 685 shares declined on the National Stock Exchange.
Seven out of 11 sectoral gauges compiled by NSE declined, led by the NSE Nifty PSU Index’s 1.58 percent fall. On the flip side, the NSE Nifty Metal Index was the top sectoral gainer, up by 0.30 percent.
(With inputs from BloombergQuint)
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