
Barring Nifty Metal index (up 0.83%) all other sectoral indices on the NSE opened lower.

Most sectoral indices opened in the red on the NSE. Nifty Realty index was the top loser among sectoral indices down by 2.44%.

Market momentum has weakened recently and the market appears to be heading for a risk-off mode.

Most sectoral indices ended the day in the green with Nifty IT zooming 2.10% followed by the Nifty Realty index gaining 1.65%.

Sensex settled at 60,433.45, down 112.16 points or 0.19%, while the broader NSE Nifty declined 24.30 points or 0.13% to end at 18,044.25

Sensex ended at 59,771.92, down 257.14 points or 0.43%, while Nifty closed 59.75 points or 0.33% lower at 17,829.20

The Nifty Metal index was shining bright as it gained 0.51% and the Nifty IT index jumped 0.49%.

The threat to the bulls is likely to come from the FIIs who have turned into sustained sellers.