NEW DELHI: The S&P BSE Sensex pared losses and was trading in green after falling over 100 points in early morning trade on Monday following muted trend seen across Asian markets.The 50-share Nifty index was testing its crucial psychological level of 8,000.The losses on the benchmark indices were led by index heavyweights such as HDFC, ITC and ICICI Bank.Overall, the market breadth was negative, with six out of every 10 BSE stocks trading in the red.The S&P BSE Midcap index edged 0.2 per cent higher, while the S&P BSE Smallcap index fell 0.05 per cent.

The S&P BSE Metal index was the top loser among the BSE sectoral indices. Hindustan Zinc and Vedanta contributed most to the index fall.
On the currency front, rupee depreciated 24 paise to 66.38 against dollar in trade today. The domestic currency had closed 10 paise lower at 66.14 against the greenback on Friday amid month-end demand for the greenback from importers and banks.

Most Asian markets were trading with a negative bias. China’s Shanghai Composite was down over 2.5 per cent, Japan’s Nikkei lost over a per cent, while Hong Kong’s Hang Seng fell nearly 1 per cent. Meanwhile, South Korean Kospi shed over 0.5 per cent. Singapore’s Strait Times lost over 0.3 per cent.

Source : http://economictimes.indiatimes.com/markets/stocks/news/sensex-up-over-100-points-nifty-above-8000-escorts-up-6-obc-4/articleshow/48738800.cms