Markets trade marginally higher, Nifty nears 18,400

Benchmark equity indices pared their opening gains and declined in early trade on Tuesday.

In a volatile trade, the 30-share BSE Sensex declined 146.79 points to 62,198.92 even after beginning the trade on a firm note. The NSE Nifty dipped 32.15 points to 18,366.70.

At 10:18 am, Sensex was trading 10.32 points higher at 62,356.03, whereas Nifty was trading 5.50 points up at 18,404.35.

Among the Sensex firms, HDFC, HDFC Bank, Maruti, IndusInd Bank, Larsen & Toubro, Mahindra & Mahindra, Bharti Airtel and ITC were the biggest laggards.

Bajaj Finance, Infosys, Bajaj Finserv, Wipro, Asian Paints and Tata Consultancy Services were among the major gainers.

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