Mumbai May 23 (IANS) The key Indian equity market indices on Tuesday opened lower despite Wall Street ending higher for the third session.
The Sensitive Index (Sensex) of the BSE which had closed at 30 570.97 points on Monday opened lower at 30 553.89 points.
Minutes into trading it was quoting at 30 592.47 points up by 21.50 points or 0.07 per cent.
At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 9 438.25 points was quoting at 9 446.75 points up by 8.50 points or 0.09 per cent.
Following the Centre s decision to exempt food items from the purview of Goods and Services Tax (GST) a rally in FMCG stocks boosted the Indian equity markets on Monday.
The S&P FMCG index witnessed a surge of 297.25 points or 3.09 per cent during intra-day trade led by ITC scrip with a surge of 6.21 per cent in its price.
However the key indices pared some gains as investors were cautious in view of global political turmoil as well as ahead of derivatives expiry.
The Sensex was up by 106.05 points or 0.35 per cent at the Monday s closing. In the day s trade the barometer 30-scrip sensitive index had touched a high of 30 712.15 points and a low of 30 516.87 points.
The Nifty too was up by 10.35 points or 0.11 per cent.
On Tuesday Asian indices were mostly showing a positive trend except Japan s Nikkei 225 which was trading in red down by 0.07 per cent.
Hang Seng was up by 0.30 per cent while South Korea s Kospi was trading up by 0.87 per cent. China s Shanghai Composite index was quoting in green up by 0.18 per cent.
Nasdaq closed in green up by 0.81 per cent while FTSE 100 was also up by 0.34 per cent at the closing on Monday.
--IANS
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Key Indian equity market indices open in red
