The Indian benchmark indices on Tuesday morning were trading on a negative note with the Nifty down 10.85 points or 0.11 percent while the Sensex shed 17.83 points at 33015.
The Nifty midcap index was trading in the red, down 0.25 percent dragged by Jaiprakash Associates which tanked over 10 percent after the Supreme Court came down heavily after the company missed deadline to deposit RS 2,000 crore towards refunding home buyers. Petronet LNG was down 1.8 percent while Unitech fell over 3 percent.
Bank Nifty was also in the red dragged by ICICI Bank, IndusInd Bank and Federal Bank. Bank of Baroda and Axis Bank were the top gainers. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
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