Good Morning Everyone,
The Indian equity benchmarks, were trading down by over 0.2 percent in the morning session tracking weak global cues. The Sensex dropped over 40 points and the Nifty slipped below the key 5,350 mark. Markets in Asia traded lower ahead of the German constitutional court's ruling over the legality of the European bailout fund on Wednesday and the U.S. Federal Reserve policy meeting this week. On the domestic front, Healthcare and PSU were the only two indices trading in the green while Metal and Auto were seen trading with maximum losses. The market breadth was slightly positive and eleven stocks were seen advancing against every ten declines.
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