Indian equities opened lower on Tuesday, led by selling across bankex and consumer durables stocks, tracking weak cues from Asian peers. Traders also reacted to robust macro data as India’s factory output grew 4.5 per cent in September and Retail inflation cooled to 3.31 per cent in October, limiting chances of rate hike by the Reserve Bank of India. Overseas, the Asian stocks were trading lower, following a weak US session onernight, led by decline in technology and energy stocks.

At 9:28 hours, the 30-share benchmark index was trading at 34750.26, down by 62.73 points or by 0.18 per cent, and the NSE Nifty was at 10461.55, down by 20.65, points or by 0.2 per cent.

The top losers of the BSE Sensex pack were Tata Motors Ltd. (Rs. 181.75,-2.26%), Tata Motors Ltd. (Rs. 98.95,-1.64%), Bharti Airtel Ltd. (Rs. 291.60,-1.27%), Bajaj Auto Ltd. (Rs. 2620.95,-0.98%), IndusInd Bank Ltd. (Rs. 1481.05,-0.71%), among others.

On the flip side, Coal India Ltd. (Rs. 267.25,+1.21%), Asian Paints Ltd. (Rs. 1284.70,+0.72%), Power Grid Corporation of India Ltd. (Rs. 187.20,+0.65%), Oil And Natural Gas Corporation Ltd. (Rs. 156.80,+0.51%), Vedanta Ltd. (Rs. 204.40,+0.47%), were among top gainers on the BSE.

On the sectoral front, bankex and consumer durables stocks were among top losers on BSE, falling as much as 0.37 per cent and 0.35 per cent, respectively.

The Market breadth, indicating the overall strength of the market, was strong. On BSE out of total shares traded 1516, shares advanced were 1001, while 454 shares declined and 60 were unchanged.