Reuters Market Eye - The 50-share Nifty is down 0.14 percent, while the benchmark Sensex is down 0.15 percent, heading for their first quarterly loss in five.
The Sensex earlier touched its lowest intraday level since November 26, 2012, while the Nifty touched its lowest intraday level since November 23, 2012.
The session has been volatile given derivatives expire at the end of the session.
Rate-sensitive shares are under pressure ahead of current account deficit data due later in the day. The RBI has said CAD will play a factor in monetary policy decisions.
Tata Motors Ltd shares fall 2.3 percent, while ICICI Bank Ltd is down 1 percent.
Broader losses in indices were capped as technology shares gain on optimism about their upcoming January-March results.
Infosys Ltd shares gain 1 percent ahead of its quarterly earnings due on April 12. HCL Technologies gains 2.7 percent.
(Reporting by Manoj Dharra)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
