After surging higher in early trades on the
back of some brisk buying in oil, healthcare, capital goods and automobile
sectors, the Indian stock market retreated and slipped into negative territory
this morning, with investors turning a bit cautious.
The BSE benchmark Sensex, which declined
to 19,842 after surging to 19,981.57 in early trades, is currently down 8.96
points or 0.04% at 19,984.89. The Nifty index of the National Stock Exchange is down 8.65
points or 0.15% at 5873.60, after rising to 5909.20 in opening trades.
Information technology stocks, which opened on a subdued note, have edged
higher. Realty, and meal stocks are mixed, while bank and power stocks are
trading weak.
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