Weak earnings pull down stocks

Over the weekend, index heavyweights like, RIL, HDFC Bank and TCS posted their quarterly numbers, which seem to have disappointed the street.

Oil jumps to highest in more than a week after Libyan shutdowns

Brent crude LCOc1 futures were up by 74 cents, or 1.1 per cent, to 65.59 by 0331 GMT, having earlier reached USD 66.00 a barrel.

The 30-share BSE index pared gains to trade 31.32 points or 0.07 per cent higher at 41,976.69.

The 30-share BSE index was trading 3.68 points or 0.01 per cent lower at 41,928.88.

Traders said weak opening in domestic equities and foreign fund outflows weighed on the rupee.

The 30-share BSE index was trading 190.81 points or 0.45 per cent lower at 41,761.82.

Market benchmark indices Sensex and Nifty scaled fresh record levels, led by gains in index-heavyweights HDFC, ITC, Axis Bank & TCS.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.04 per cent to 97.38.

HDFC twins, ICICI Bank, HUL, L&T, Ultratech Cement and ONGC were the among the top losers in the Sensex pack.

The BSE Mid-cap Index gained 0.87 per cent and Small-cap, 0.95 per cent.