The Indian stock market opened in red for the second consecutive day on Wednesday as selling was seen in PSU bank and pharma sectors in early trade.
Sensex was trading at 80,057.15 after falling 311.88 points or 0.39 per cent. At the same time. Nifty was trading at 24,372.75 after falling 94.10 points or 0.38 per cent.
The market trend remained positive. On the National Stock Exchange (NSE), 1,666 stocks were trading in green, while 586 stocks were trading in red.
The Nifty Bank was at 52,890.30 after slipping 430.40 points or 0.82 per cent. The Nifty Midcap 100 index was trading at 56,460.75 after climbing 209.45 points or 0.37 per cent. The Nifty Small cap 100 index was at 18,355.35 after climbing 156.40 points or 0.86 per cent.
Maruti, IndusInd Bank, Tata Motors, TCS and ITC were the top gainers in the Sensex pack. At the same time, Sun Pharma, Bajaj Finserv, Titan, HCL Tech, PowerGrid and Asian Paints were the top losers.