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Sensex, Nifty sluggish but arrest fall; Maruti, Eicher Motors gain


Market Check: After shedding over 0.5 percent in the first hour of trade, the market looked to be steady at lower levels, with the Nifty hovering around 9400.

The Sensex was down 149.90 points at 30421.07, while the Nifty was down 45.20 points at 9393.05.

The market breadth was firmly placed in the negative zone as 330 shares advanced against a decline of 2,019 shares, while 98 shares were unchanged.

GAIL, along with pharma stocks Sun Pharma and Aurobindo Pharma lost the most on both indices, while Maruti Suzuki, Wipro and Eicher Motors gained the most.

Midcaps, PSU banks and metals cut its losses, while pharma index on the Nifty extended its losses.

Buzzing Stock: Aurobindo Pharma lost over 6 percent intraday on Tuesday after investors reacted to the developments around the insider trading case with the SEBI.

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