Indian stocks opened lower on Thursday, August 28, as investors digested the impact of 50-per cent tariffs on US exports, which came into effect Wednesday.
At 9:55 hours, the 30-share benchmark index was trading at 80369.6 down by -416.94 points or by -0.52 % and then NSE Nifty was at 24559.3 down by -152.75 points or by -0.62 %.
Sensex touched intraday high of 80775.71 and intraday low of 80093.52 The NSE Nifty touched intraday high of 24702.65 and intraday low of 24507.2
The top gainers of the BSE Sensex pack were Asian Paints Ltd. (Rs. 2521.20,+1.36%), Eternal Ltd. (Rs. 321.65,+1.21%), Larsen & Toubro Ltd. (Rs. 3568.30,+0.81%), Adani Ports & Special Economic Zone Ltd. (Rs. 1326.15,+0.81%), Bajaj Finserv Ltd. (Rs. 1936.00,+0.61%), among others.
The top losers of the BSE Sensex pack were HCL Technologies Ltd. (Rs. 1454.60,-2.52%), Sun Pharmaceutical Industries Ltd. (Rs. 1571.00,-1.84%), Tata Consultancy Services Ltd. (Rs. 3108.70,-1.51%), Tata Motors Ltd. (Rs. 671.40,-1.49%), Mahindra & Mahindra Ltd. (Rs. 1482.40,-1.32%), among others.
CDS index was at 60340.55 up by 270.1 points or by 0.45%. Kalyan Jewellers India Ltd. (Rs. 505.10,+1.42%), Titan Company Ltd. (Rs. 3606.85,+0.39%), Havells India Ltd. (Rs. 1519.70,+0.15%),.
IT index was at 34908.48 down by -448.94 points or by -1.27%. Onward Technologies Ltd. (Rs. 306.50,-3.95%), HCL Technologies Ltd. (Rs. 1454.60,-2.52%), LTIMindtree Ltd. (Rs. 5071.80,-1.72%), InfoBeans Technologies Ltd. (Rs. 621.45,-1.54%), Tata Consultancy Services Ltd. (Rs. 3108.70,-1.51%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3627 , shares advanced were 1368 while 2085 shares declined and 174 were unchanged.