New Delhi: The Sensex and the Nifty were down due to volatility in global markets after disappointing US jobs data.
Investors remained cautious ahead of industrial production data for July to be released later in the day.
At 11:22 am, the 30-share BSE index Sensex was down 159.29 points (0.80 per cent) at 19,838.16 and the 50-share NSE index Nifty was down 46.85 points (0.79 per cent) at 5,866.30.
Financial Technolog. (+ 20.10 %), Engineers India (+ 6.93 %), IDFC L (+ 6.50 %), Multi Commodity Ex (+ 4.99 %), Pipavav Defence (+ 4.36 %) were the top five Sensex gainers, while the top five losers were JaiprakashAssociates (-6.91 %), Siemens Ltd. (-4.18 %), YES Bank Ltd. (-4.04 %), Future Retail (-3.74 %) and IndusInd Bank (-3.55 %).
A report from India Forex Advisors said: “The lack of any major news from the global market is prompting investors to be cautious of any major moves.
Investors are eagerly looking forward to next week's US Federal Open Market Committee meeting, as well as RBI's monetary policy scheduled for September 20. This week will see factory data for July and Inflation data for August being announced.The reduction in the US Fed's monthly $85 billion asset buying programme will be more modest than expected,'' it added.
Japan's Nikkei fell 42.15 points or 0.29 per cent to 14,382.90, Hong Kong's Hang Seng rose 73.33 points or 0.32 per cent to 23,010.50 and Australia's S&P/ASX 200 was up 12.91 points or 0.25 per cent at 5,247.30.
