MUMBAI: The Indian equity benchmark indices opened lower on Tuesday amid weak global cues, as selling was seen in the IT, media and private bank sectors in the early trade.
At around 9.35 am, Sensex was trading 371.74 points or 0.50 per cent down at 73, 743.43 while the Nifty declined 104.25 points or 0.46 per cent at 22, 356.05.
Nifty Bank was down 349.75 points or 0.73 per cent at 47, 867.05. The Nifty Midcap 100 index was trading at 47, 872.30 after declining 567.80 points or 1.17 per cent. Nifty Smallcap 100 index was at 14, 946.10 after declining 252.05 points or 1.66 per cent.
According to market watchers, US President Donald Trump’s flip-flop tariff policy and the high uncertainty that it has triggered has started impacting US stock markets.