Mumbai: The BSE Sensex is down 0.2 per cent, while the Nifty is 0.12 per cent lower. Metal stocks head for a second day of gains on positive China factory surveys earlier this week. Tata Steel is up 2.3 per cent while Hindalco Industries gains 3.6 per cent.
Also, overseas investors bought shares worth 5.75 billion rupees ($96.9 million) on Tuesday, provisional exchange data show. IT exporters fall on continued churn to domestic-oriented stocks. Tata Consultancy Services falls 2 per cent while Infosys is down 1.7 per cent.
Wockhardt Ltd shares slump 3.4 per cent after the US healthcare regulator found fault with quality control, training and staff hygiene at its plant in Chicago, potentially adding to regulatory problems facing the Indian generic drugmaker.
