Cautious trade in Indian and Asian markets; metals, energy lend support

CHENNAI: Indian equity markets were trading in a narrow range on Thursday morning, with both the Sensex and Nifty moving slightly lower. At mid-morning, other Asian markets were also trading cautiously. Indian benchmarks were rangebound under pressure from foreign selling, while Asian peers showed a mixed picture, with Japan and China posting modest gains but broader regional sentiment remaining subdued.

Around 10:40 AM, the Sensex was down by about 165 points at 81,549, while the Nifty was also marginally in the red.