Mumbai, Aug 22 (IANS): A benchmark index for Indian equities markets was around noon Monday trading volatile but in a tight range amid negative cues from other Asian markets.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,155.99 points, was ruling 16,081.76 points -- down 59.91 points or 0.37 percent compared to its previous close at 16,141.67 points.
The Sensex moved to an intra-day high of 16,237.41 points and hit a low of 16,057.53 points in a little less than three hours of trading.
The 50-scrip S&P CNX Nifty of the National Stock Exchange was ruling 0.52 percent down at 4,820.55 points.
Broader markets were quiet. The market breadth at the BSE was mixed with 1,254 stocks moving up, compared to 1,184 on the decline and 85 remaining unchanged.
Banking, IT and realty stocks were among the biggest losers, while FMCG and power stocks saw some buying interest.
Among major gainers on the Sensex at this time were Jaiprakash Associates, Jindal Steel, BHEL and Tata Power, while the losers included DLF, Sun Pharma, Hindalco and M&M.
Concerns of global economic growth declining continued to fuel selling sentiments at Asian markets.
The benchmark Japanese Nikkei closed 1.04 percent lower at 8,628.13 points, while the Chinese Shanghai Composite index moved 0.58 percent down at 2,519.76 points.
Hong Kong's Hang Seng was trading 0.92 percent down at 19,222.41 points.