MUMBAI: Indian benchmark indices posted mild losses on Tuesday, weighed down by losses in oil and gas stocks. Amid impressive corporate updates that had lifted expectations of stronger quarterly earnings, concerns of potential additional tariffs by US weighed on the domestic markets.
As of 9.30 am, Sensex slipped 246 points, or 0.29 per cent to 85, 193 and Nifty eased 70 points, or 0.27 per cent to 26, 180.
Main broad-cap indices performed almost in line with benchmark indices, with the Nifty Midcap 100 down 0.08 per cent, while the Nifty Smallcap 100 shed 0.02 per cent.