Sensex Edges Lower, Nifty Holds 10,200

The benchmark BSE Sensex retreated from record levels to trade lower by 56 points early in Tuesday's session as realty, auto, healthcare and metal stocks fell after participants booked profits.

The 30-share index fell by 56.19 points or 0.17 per cent to 32,577.45 in early trading. It had opened higher at 32,654.41 and advanced to a high of 32,659.32 in opening trade. Fresh weakness in the rupee against the dollar and continued foreign fund outflows dampened the sentiment, brokers said.

Among major Sensex losers, Tata Motors, ONGC, M&M, Infosys, Dr Reddy's, Cipla, HDFC Bank, HDFC Ltd and Tata Steel fell up to 1.11 per cent, dragging the index into the negative terrain.

In the Asian region, Japan's Nikkei rose 0.17 per cent, Shanghai Composite Index up 0.06 Per cent and Hong Kong's Hang Seng gained 0.14 per cent in their early deals.

The US Dow Jones Industrial Average ended 0.37 per cent higher on Monday.

At 10:55 am, the Sensex was down 11 points, or 0.03 per cent, at 32,623 while the Nifty was up 10 points, or 0.10 per cent, at 10,241.20.