Nifty IT and Oil & Gas packs ended lower.
Anticipation of a pause in interest rate hike by US Fed is boosting the market sentiment.
Trafigura Group, a commodity trading firm, has provided $200 million in funding for VRL, while Glencore International AG, a mining and natural resource corporation, has provided $250 million.
Indian benchmark index Nifty 50 closed 47 points lower yesterday.
Apollo Hospitals (+4.06%) topped the gainers’ chart on NSE.
Asian markets are trading mixed today.
Sensex crashed over 500 points.
On the sectoral front, Nifty Bank and Financial Services are dragging down the chart.
Last week, Vedanta pledged 13.94 crore shares or 3.3% of the total equity held by it in Hindustan Zinc.
Markets may continue to see buying.