Mumbai, July 22: Indian equity indices started the week in negative territory today, influenced by weak Asian markets. As of 9:45 a.m., the Sensex was trading at 80,501, down 89 points or 0.11%, while the Nifty was down 26 points or 0.12% at 24,504.
Smallcap and midcap stocks are showing resilience with the Nifty Smallcap 100 index up 62 points or 0.34% at 18,460, and the Nifty Midcap 100 index up 124 points or 0.22% at 56,032.
Among the top gainers on the Sensex are UltraTech Cement, Infosys, NTPC, Nestle, Power Grid, HDFC Bank, Tech Mahindra, Tata Steel, ITC, and TCS. Conversely, Wipro, Kotak Mahindra Bank, Reliance, L&T, JSW Steel, and ICICI Bank are leading the losses.
Across Asia, markets in Tokyo, Shanghai, Seoul, and Bangkok are down, while Hong Kong and Jakarta are showing gains. American markets closed lower on Friday, adding to the cautious sentiment in global markets.