Key benchmark indices were trading with minor gains in morning trade. At 10:35 IST, The S&P BSE Sensex was up 80.14 points, or 0.2% at 39,864.66. The Nifty 50 index was up 18.75 points or 0.16% at 11,941.45.
In broader market, the Nifty Midcap 100 index was up 0.26%. The Nifty Smallcap 100 index was down 0.20%.
The market breadth was negative. On NSE, 727 shares rose and 883 shares fell. A total of 477 shares were unchanged.
Sun Pharmaceutical Industries (down 3.78%), Mahindra & Mahindra (down 0.75%), Kotak Mahindra Bank (down 0.51%), Hindustan Unilever (down 0.38%) and NTPC (down 0.33%), edged lower.
Telecom major Bharti Airtel was down 0.26%. The company has upgraded 4G network in Delhi NCR and deployed LTE 900 technology to boost indoor coverage and enhance indoor network experience for smartphone customers. Bharati Airtel has also set up latest network technologies such as Pre-5G, Volte, Massive MIMO and Carrier Aggregation to serve the massive surge in data. The announcement was made after market hours yesterday, 10 June 2019.
Reliance Industries (RIL) was up 0.56%. RIL is planning to shut down one of the crude distillation units and coker unit of its DTA refinery at Jamnagar for routine maintenance and inspection activities, for about three to four weeks starting from 20 June 2019. The other crude distillation and secondary processing units are expected to operate normally during this period. The announcement was made after market hours yesterday, 10 June 2019.
Tata Motors (up 2.35%), Vedanta (up 2.24%), ONGC (up 2%), Yes Bank (up 1.99%) and HCL Technologies (up 1.84%), edged higher.
Sterlite Technologies was up 9.51% after the company announced after market hours yesterday, that its promoters have removed 100% of the pledge on the company's shares with immediate effect.
Overseas, Asian stock markets were trading higher on Tuesday. In the US market, stocks advanced as investors cheered the agreement struck between the US and Mexico to avoid tariffs being implemented. Meanwhile, on the US-China trade front, President Donald Trump reportedly said on Monday he was ready to impose another round of punitive tariffs on Chinese imports if he cannot make progress in trade talks with Chinese President Xi Jinping at the G20 summit. US president reportedly e