Key indices traded in a narrow range with losses in early afternoon trade. Mixed global cues and soaring new Covid-19 cases in the country weighed on the sentiment.
At 12:28 IST, the barometer index, the S&P BSE Sensex, was down 389.56 points or 0.78% at 49,376.75. The Nifty 50 index slipped 94.85 points or 0.64% at 14,800.95.
In broader market, the S&P BSE Mid-Cap index was up 0.2% while the S&P BSE Small-Cap index gained 0.51%.
The market breadth was positive. On the BSE, 1489 shares rose and 1220 shares fell. A total of 167 shares were unchanged.
Foreign portfolio investors (FPIs) bought shares worth Rs 809.37 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 942.35 crore in the Indian equity market on 29 April, provisional data showed