The Indian equity markets on Monday opened on a mixed note despite prevailing tensions in West Asia, as investors tracked mixed global cues. The BSE Sensex fell 45.26 points to start the session at 77,055.21, while the Nifty gained 5.75 points to open at 24,061.75.
During the last trading session, the Sensex closed at 77,100.47 and the Nifty 50 at 24,056. Besides, the broader indices were also trading mixed in the opening session. The BSE Midcap Select index was trading 13.15 points down, while the BSE SmallCap Select index added 22.26 points or approximately 0.26 per cent, in early trading at 8,722.50.
From the Sensex pack, Trent, Sun Pharma, ICICI Bank, and Tech Mahindra were among the top gainers, with Trent being the top gainer on the index, climbing 1.88 per cent.
However, Kotak Bank, IndiGo, BEL, M&M, and L&T were among the top losers on the index, with Kotak Bank leading the pack with a fall of over 1.44 per cent in early trade.
In early trade, market breadth was negative, with 1,655 stocks declining against 1,056 stocks advancing on the NSE.
Additionally, at 9:55 am (IST), over 127 stocks remained unchanged.
Tracking mixed global cues, investors remain cautious about the developments occurring in the Middle East region.
Meanwhile, gold and silver prices climbed in early trade, with gold rising 1.44 per cent.
Also read: Indian stock market to remain shut today for Muharram
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