Indian equity shares slipped into the negative zone as the RBI keeping the repo rate unchanged at 7.75 % both the Sensex and the Nifty slipped into the red. The former was trading at 29,118.71, while the Nifty was trading at 8,793.90.
This status quo comes barely 20 days after the central bank effected a similar cut, outside the policy review cycle, from 8 per cent to 7.75 per cent on January 15.
Among BSE sectoral indices, oil & gas index gained the most by 1.72 per cent, followed by consumer durables 1.49 per cent, FMCG 1.04 per cent and PSU 0.61 per cent. On the other hand, IT index was down 0.67 per cent, healthcare 0.65 per cent, realty 0.51 per cent and banking 0.5 per cent.
Major Sensex gainers were SSLT 3.43%, ONGC 2.53%, Reliance 2.14%, Tata Motors 1.64% and Bharti Airtel 1.63%, while the top five losers were Bajaj Auto 3.31%, Axis Bank 1.82%, HDFC 1.6%, M&M 1.54% and Dr Reddy's 1.5%.
After two sessions of losses, the benchmark BSE Sensex rose over 130 points in early trade.
The 30-share index, which had lost 559.50 points in the previous two sessions, recovered by 130.79 points or 0.44 per cent to 29,253.06, with consumer durables, FMCG, oil & gas, auto and banking sector stocks leading the rise.
Similarly, the NSE index Nifty gained 26 points or 0.3 per cent to 8,823.40 in early trade.
Asian stocks gained on Tuesday as hopes for an agreement on Greece's debt situation lifted the risk appetite, while a sharp rebound in oil prices boosted commodity currencies such as the Canadian dollar and Norwegian crown.
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This status quo comes barely 20 days after the central bank effected a similar cut, outside the policy review cycle, from 8 per cent to 7.75 per cent on January 15.
Among BSE sectoral indices, oil & gas index gained the most by 1.72 per cent, followed by consumer durables 1.49 per cent, FMCG 1.04 per cent and PSU 0.61 per cent. On the other hand, IT index was down 0.67 per cent, healthcare 0.65 per cent, realty 0.51 per cent and banking 0.5 per cent.
Major Sensex gainers were SSLT 3.43%, ONGC 2.53%, Reliance 2.14%, Tata Motors 1.64% and Bharti Airtel 1.63%, while the top five losers were Bajaj Auto 3.31%, Axis Bank 1.82%, HDFC 1.6%, M&M 1.54% and Dr Reddy's 1.5%.
After two sessions of losses, the benchmark BSE Sensex rose over 130 points in early trade.
The 30-share index, which had lost 559.50 points in the previous two sessions, recovered by 130.79 points or 0.44 per cent to 29,253.06, with consumer durables, FMCG, oil & gas, auto and banking sector stocks leading the rise.
Similarly, the NSE index Nifty gained 26 points or 0.3 per cent to 8,823.40 in early trade.
Asian stocks gained on Tuesday as hopes for an agreement on Greece's debt situation lifted the risk appetite, while a sharp rebound in oil prices boosted commodity currencies such as the Canadian dollar and Norwegian crown.
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