Mumbai Nov 20 (IANS) Key Indian equity indices on Monday opened in the red on the back of broadly negative Asian cues and selling pressure in IT banking and metal stocks.
At 9.16 a.m. the wider Nifty50 of the National Stock Exchange (NSE) traded lower by 10.25 points or 0.10 per cent at 10 273.35 points.
The barometer 30-scrip Sensitive Index (Sensex) of the BSE which opened at 33 365.84 points traded at 33 324.46 points -- down 18.34 points or 0.06 per cent -- from Friday s close.
The Sensex has so far touched a high of 33 409.65 points and a low of 33 322.99 points during intra-day trade.
However the BSE market breadth was bullish -- 819 advances and 529 declines.
On Friday the benchmark indices closed in the green riding on a sovereign ratings upgrade of the Indian government s bonds by US credit rating agency Moody s.
The NSE Nifty50 rose by 68.85 points or 0.67 per cent to close at 10 283.60 points while the BSE Sensex closed at 33 342.80 points -- up 235.98 points or 0.71 per cent.
--IANS
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