The benchmark BSE Sensex drifted 150 points lower and the NSE Nifty slipped below the 10,400-mark in early deals on selling in metal, PSU and realty counters amid weak global cues.

Asian stocks declined following an overnight slide in US equities after President Donald Trump replaced his Secretary of State Rex Tillerson with CIA Director Mike Pompeo, extending a shake-up of his administration, spurring concerns about a one-sided approach to international trade.

NEW DELHI: Benchmark equity indices opened with losses on Tuesday morning before flattening, a day after Sensex recorded its biggest intra-day gain in two years.

30-share BSE Sensex opened with a loss of 99.72 points on 33,818.22. The broader Nifty too lost more than 30 points at opening. However, in the initial fifteen minutes of trading, both the indices pared some of their losses.

The BSE Sensex surged over 300 points in early trade and the Nifty reclaimed the 10,300-level on fresh capital inflows by foreign funds ahead of key IIP and inflation data to be released after market hours today.

Asian markets too were trading in the green on strong cues from Wall Street after a better-than-expected US jobs report on Friday.

Benchmark indices on Friday opened in green following the footmarks of their Asian peers as worries over trade war decreased as US softened its stance on import tariff.

Asian shares rallied and the safe-haven yen eased on Friday after North Korean leader Kim Jong Un offered to stop nuclear and missile testing and U.S. President Donald Trump agreed to a meeting that could come before May.

Snapping their six-day losing streak, stocks staged a strong comeback in early trade , with the BSE Sensex rebounding by 274 points and the Nifty recapturing the 10,200-mark on fresh buying by domestic institutional investors.

Asian markets were also trading in the green, boosted by easing fears of a global trade war as the White House signalled it would water down plans for contentious metal tariffs.

Market benchmark BSE Sensex extended losses for sixth straight day by shedding about 133 points in early trade today on heavy selling in banking, metal and power stocks amid sustained selling by domestic institutional investors.

Also, a weak trend in other Asian markets after a key advocate for free trade in the White House announced his resignation, fanning fears that President Donald Trump would go ahead with import tariff hike and risk a trade war, weighed on the sentiment, brokers said.

Benchmark indices, Sensex and Nifty opened higher on Tuesday. After ending in red over four consecutive days on Monday, indices opened on positive note taking cues from Asian shares.

The BSE Sensex opened 259.84 points higher at 34,006.62 while Nifty opened at 78.60, reclaiming its 10,400 mark.

Despite Bhartiya Janata Party's record win in North-eastern state of Tripura, benchmark indices on Monday opened in red over weak Asian cues and import tariffs on steel & aluminium in the US. The 30-share BSE Sensex was down 193.88 points at 33,853.06 and the 50-share share NSE Nifty fell 66.10 points to 10,392.30.

New Delhi: The National Stock Exchange (NSE) plans to ease listing norms for so-called new-age companies, in an effort to revive its dedicated start-up listing platform, which has struggled to generate interest.

NSE is in discussions with markets regulator Securities and Exchange Board of India (Sebi) to tweak some of the conditions for listing through the platform to make it more attractive to start-ups and investors, Vikram Limaye, NSE managing director and chief executive, said in an interview.

Indian equity, forex, money and commodity markets will remain closed on Friday on account of Holi.

The Sensex edged down on Thursday, as subdued global market sentiment offset better-than-expected growth data at home, with bank stocks such as ICICI Bank and State Bank of India among the big losers.

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