The Indian benchmark indices opened lower on Tuesday amid weak Asian cues, as selling was seen in the IT, auto, financial services and pharma sectors in the early trade.
At around 9.28 am, Sensex was trading 747.69 points or 0.91 per cent down at 81,428.76 while the Nifty declined 204.10 point or 0.82 per cent at 24,797.05.
Nifty Bank was down 366.95 points or 0.66 per cent at 55,205.05 The Nifty Midcap 100 index was trading at 57,062.60 after dropping 4.65 points or 0.01 per cent. Nifty Smallcap 100 index was at 17,744.40 after climbing 36.60 points or 0.21 per cent.
According to analysts, technically, the Nifty appears to have regained its momentum, decisively breaking out from its consolidation zone of 24,500-25,000.