Equity benchmark Sensex jumped over 300 points in the opening session on Tuesday tracking gains in index majors Reliance Industries, ICICI Bank and L&T but soon it pared the gains.

Foreign institutional investors turned net sellers in the capital market as they offloaded shares worth Rs 893.25 crore on Monday, as per exchange data.

At 9:45, the 30-share benchmark index was trading at 49722.57 down by -21.75 points or by -0.04 % and then NSE Nifty was at 14728.4 up by 52.7 points or by 0.36 %.

Sensex touched intraday high of 50128.85 and intraday low of 49659.85 The NSE Nifty touched intraday high of 14782.35 and intraday low of 14711.45

The top gainers of the BSE Sensex pack were Oil And Natural Gas Corporation Ltd. (Rs. 112.30,+5.64%), Larsen & Toubro Ltd. (Rs. 1480.75,+1.96%), Bajaj Finance Ltd. (Rs. 5445.00,+1.22%), ICICI Bank Ltd. (Rs. 615.35,+0.90%), Bajaj Finserv Ltd. (Rs. 10090.25,+0.90%), among others.

The top losers of the BSE Sensex pack were Asian Paints Ltd. (Rs. 2319.80,-2.82%), Kotak Mahindra Bank Ltd. (Rs. 1911.90,-1.88%), Maruti Suzuki India Ltd. (Rs. 6965.00,-1.72%), Mahindra & Mahindra Ltd. (Rs. 937.90,-1.31%), Mahindra & Mahindra Ltd. (Rs. 826.35,-1.26%), among others.

Realty index was at 2749.25 up by 61.23 points or by 2.28%. Prestige Estates Projects Ltd. (Rs. 294.80,+4.46%), Phoenix Mills Ltd. (Rs. 793.50,+3.38%), Godrej Industries Ltd. (Rs. 1489.80,+2.96%), DLF Ltd. (Rs. 300.35,+2.30%), Brigade Enterprises Ltd. (Rs. 290.40,+1.81%),.

Auto index was at 23135.31 down by -113.94 points or by -0.49%. Escorts Ltd. (Rs. 1255.20,-2.07%), Amara Raja Batteries Ltd. (Rs. 887.25,-1.89%), Maruti Suzuki India Ltd. (Rs. 6965.00,-1.72%), Mahindra & Mahindra Ltd. (Rs. 826.35,-1.26%), Bajaj Auto Ltd. (Rs. 3916.00,-1.25%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2306 , shares advanced were 1247 while 948 shares declined and 111 were unchanged.