The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 28,225.04 points, was trading at 28,236.76 points (at 9.16 a.m.) in the early session, up 49.70 points or 0.18 percent from the previous day’s close at 28,187.06 points.

Brokers said sustained selling by funds and retail investors after RBI’s monetary policy was announced, influenced market sentiment. However, the continuous slide in the Chinese markets, weakening of the rupee, oil and global commodities prices had a negative impact on the Indian markets.

The government’s move to infuse fresh capital into banks gave some forward thrust, too.

In Europe, the London FTSE 100 index inched down by 0.02%.

The 30-share index was down 36.52 points, or 0.13 per cent, 28,150.54 at 1154 hrs. It edged-up only 10.20 points or 0.12% at 8,543.05 points. During the session, it moved between 8,563.95 and 8,508.10.

Maruti Suzuki rose 2.2 percent to an all-time high, on a 20.1 percent increase in quarterly sales over the same period past year.

New York – Wall Street ended lower on Monday as tumbling oil prices dragged energy shares to a three-year low and factory data from China raised concerns about the world’s second-biggest economy.

In Greece, the Athex Composite reopened with a 23% loss at 615.12 after a five-week shutdown.

In the Asian region, Shanghai was down 1.71 per cent and Hong Kong’s Hang Seng shed 1.57 per cent while Japan’s Nikkei lost 0.22 per cent in early trade today.

Pramit Brahmbhatt, Veracity Group CEO said: “Indices gained mainly with the help of the blue-chip cos, which looked attractive after a recent fall”.

Investor anxiety ahead of the monetary policy review led a barometer index of the Indian equity markets to provisionally close the day’s trade flat on Monday.

Out of 30-share Sensex pack, 18 stocks ended higher.

During AGM announcements, the ITC’s chairman revealed the company’s plans to delist its cigarette business which made the company shares to raise about 1.5 per cent. Other gainers include Dr Reddy’s BHEL and Sun Pharma up to 2 per cent each.

The overall breadth on the BSE was positive as 1,657 stocks advanced while 1,215 stoks declined.

In a statement released on Friday, the Finance Ministry said that PSBs as of now are “adequately capitalised”, but would need Rs 1,80,000 crore extra capital over the next four years (up to 2018-19).