MUMBAI: The Indian benchmark indices opened mildly in red on Tuesday, amid progress on the US shutdown bill and optimism regarding an India-US trade deal soon.
As of 9.25 am, the Sensex was down 177 points, or 0.21 per cent at 85, 338 and the Nifty inched down 51 points, or 0.20 per cent to 25, 523.
The broadcap indices performed better than benchmarks, with the Nifty Midcap 100 down only 0.09 per cent and the Nifty Smallcap 100 losing 0.06 per cent.
TCS, Tech Mahindra and Dr Reddy's Labs were among the major gainers in the Nifty Pack, while losers included Bajaj Finance, Bajaj Finserv, Shriram Finance and Asian Paints.