The bears are on the prowl.
The Sensex's positive opening was short lived on sustained capital outflows and weak global cues.However, Automotive Stamp (up 13.21 per cent) took a different trajectory.
Giriraj Civil Developers (up 13.06 per cent), followed by Ducon Infratechnologies, Kiri Industries, Premier Poly, 8K Miles Soft, Magadh Sugar Energy, Shyam Telecom, Sathavahana Isp, Metkore Alloys, Cybertech Sys and Eurotex Ind all were up over 5 per cent at around 10.25 am.Kiri Industries hit upper circuit of 20 per cent yesterday after a Singapore court directed Senda to purchase company's shareholding in DyStar and also dismissed all the claims and counterclaims against promoters.On the Nifty 50, Lupin added 2.50 per cent.
Dr Reddy's Labs was up 2.10 per cent, along with Sun Pharma, Ibull HousingFin, HDFC, Bajaj Auto and Bajaj Finserv.
The 50-share NSE index was down 14.25 points at 10,685.65 at around the same time.
As many as 14 stocks in the index flashed green while 36 lost out.Asian markets lost vigour too.
Japanese shares lagged its Asian peers.
Trade jitters continued to simmer ahead of a deadline when tariffs are due to take effect.
The US markets ended a holiday-shortened session in the negative territory on Tuesday, amid lingering trade issues as tariffs on billions of dollars worth of US and Chinese goods are set to kick in later this week.