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The stock markets opened negative on Monday (July 26), first day of trading week amidst negative global cues.
Sensex was down 150.83 points or 0.28 percent at 52,824.97 while Nifty declined 43.80 points or 0.28 percent at 15,812.25 points.
After slipping over 192.17 points lower, the 30-share BSE index pared some of its losses to trade 54.98 points or 0.10 percent lower at 52,920.82 in initial deals, while the broader NSE Nifty fell 11.55 points or 0.07 percent to 15,844.50.
Axis Bank was the top loser in the Sensex pack, shedding more than 1 percent, followed by Maruti, SBI, HDFC and ICICI Bank. Reliance was trading 0.41 percent lower.
On the other hand, ITC, Titan, Infosys, Sun Pharma, NTPC and Tata Steel were among the gainers.