Sensex, Nifty cautious amid foreign fund outflows

TIL Desk/Business/Mumbai/ Equity benchmark BSE Sensex and NSE Nifty were trading on a cautious note in the morning trade on Monday following weak cues from Asian peers amid sustained foreign fund outflow.

The 30-share index was trading 33.48 points or 0.09 per cent higher at 37,916.27 in the morning trade; while the broader Nifty was slightly lower at 11,279.35, showing a marginal fall of 4.95 points or 0.04 per cent. In the previous session, the 30-share index closed at 37,882.79, registering a gain of 51.81 points or 0.14 per cent, and the broader NSE Nifty rose 32.15 points or 0.29 per cent to settle at 11,284.30.

In early trade, ICICI Bank, HCL Tech, TechM, TCS, Infosys, IndusInd Bank, Kotak Bank HUL and Axis Bank were among the top gainers, rising up to 2.77 per cent. On the other hand, M&M, Tata Motors, SBI, Yes Bank, Tata Steel, Asian Paints, ITC, Maruti, HeroMotoCorp, and Bajaj Auto fell up to 3.84 per cent.