Sensex, Nifty trade lower as heavyweight financial stocks fall

Benchmark indices Sensex and Nifty fell in early trade on Tuesday after opening flat as major financial stocks fell. Even financial relief measures announced by Finance Minister Nirmala Sitharaman have not helped boost markets.

Indian shares were largely unchanged on Tuesday, as losses in financial stocks were countered by gains in heavyweight Reliance Industries, which was on track to snap a five-day losing streak. By 9:26 am, the blue-chip NSE Nifty 50 index was down 0.06% at 15,805.10 and the benchmark S&P BSESensex fell 0.05% to 52,711.15.