Key benchmark indices are moving between gains and losses through morning session, Wednesday.
At 10.50am, the BSE Sensex was down 89-pts at 38,640.85 while the Nifty50 fell 27-pts to 11,528.35 with TataMotors and BajajFinance were among top losers on both the Sensex and the Nifty.
Among key stocks, TCS declined 1.75% in morning trade after the IT major reported a mixed set of earning numbers for Q1FY20.
Shares of Indigo plunged 12pc on co-founder allegations of corporate governance breaches.
Tata Motors, JSW Steel, Hindalco, Vedanta and Bajaj Finance were top Nifty losers, while Yes bank, Titan co, Coal India and Wipro led the gains on Nifty50.
Sectoral stocks e mixed with Nifty bank, Nifty financial services, FMCG, media and Pvt Bank indices witnessing moderate buying while Metal, Auto, PSU Bank, Pharma and Realty indices are seeing some selling pressure.
Shares of UltraTech Cement trade higher at Rs 4,513.85-per share, up by 0.60% as stock trades ex-dividend.
GTPL Hathway rises by 2.3% at Rs57.65 per share ahead of Q1 numbers.