The 30-scrip index BSE Sensex lost 20.45 points to trade at 18,205.90 during the morning trade from its last closure of 18,226.35.

The Sensex was moving negatively on account of less demand from local operators.

Meanwhile, the Nifty of National Stock Exchange (NSE) surged 11.70 points to trade at 5,489.60 in morning.

A mixed reaction was witnessed among the sectoral indices.

The BSE Sensex gained 234.79 points (1.29%) to 18,401.82, and the broad-based Nifty surged 78.55 points (1.44%) to 5,530.65 during the week ended yesterday.

On the second last day of the week, Sensex hit a 30-month peak of 18,454.94.

On Friday, the 30-share index dropped by 53 points.

But, the stock market gained on continued buying action by foreign funds.

The Sensex remained negative during noon in today's session.

The majority of other Asian bourses also looked weak.

Banking, IT and telecom scrips were topping the declining charts.

Earlier, the 30-share index jumped into the positive for a short period from its opening lows.

The World Bank has given nod to a $430 million loan to Indian Railways for part financing of its Mumbai Urban Transport Project II (MUTP II), directed at meliorating transport in and around the metropolis.

In reply to a query, Minister of State for Railways K. H. Muniyappa stated that the project consosts of a range of constituents.

The 30-share index Sensex, today, climbed up further from its early highs with consumer durables, FMCG and banking shares topping the gaining charts.

The Sensex was trading 183 points up around noon joining the rally at other major Asian markets.

The Sensex, which belled the day at 18,276.5, stood at 18,440.59, up 183.47 points (1%) as against its last closure at 18,257.12.

Pharma giant, GlaxoSmithkline Consumer Healthcare Ltd has declared that it has bagged final nod from USFDA for Naratriptan Hydrochloride tabs.

The company got nod to sell the tablets in the potencies of 2.5mg base and 1mg base.

Naratriptan hydrochloride pills are prescribed by the physician to put control over migraine attacks in grownups with or without aura.

The 30-share index Sensex remained quiet as it fell from morning peaks.

The Sensex of the Bombay Stock Exchange (BSE), which belled the day at 18,049.19, stood at 18,034.78, while the broad-based Nifty slipped 0.06% to trade at 5,414.85.

Broader markets indices remained the positive zone, with the BSE midcap index 0.2% higher and the BSE smallcap index ruling 0.32% up.

The 30-share index Sensex today hit an intra-day peak during noon trade with Asian cues remaining steady.

The Sensex, which belled the day on a higher note at 18,080.29, was trading 18,220.65, up 146.75 points (0.81%) as against its earlier closure at 18,073.9.

In contrast, the broad-based Nifty zoomed 0.9% at 5,465.4.

The BSE midcap index was trading 1.13% up and the BSE smallcap index gained 1.27%.

The 30-share-index Sensex remained jerky during noon trade with other Asian bourses trading on mixed signs.

The Sensex, which belled the day at 18,165.49, was trading 52.15 points (0.29%) at 18,226.52 as against its last closure at 18,172.83.

At the National Stock Exchange (NSE), the broad-based Nifty gained 0.35% at 5,466.25.

Stock markets have broadened their losses in spite of worldwide markets trading on a high note.

The benchmark indices are trending lower on account of a series of feeble earnings report over the weekend.

Banking scrips remained weak prior to the central bank's evaluation of monetary plan on July 27.