The domestic market has been witnessing a lull, though the small consolidation has begun, the top order is still facing the stress.

The domestic indices witnessed more losses in the pre-noon session as selling continued. Asian barometers, which started on a promising note in the morning, traded on a mixed note at this point. The BSE Metal index was on top in the sector space after Tata Steel declared its merged numbers for the September quarter.

As expected, domestic market started on a positive note with superior universal signals, despite the initial jerky trade.

The domestic market may kick start the day on a positive note after yesterday’s last hour disguise, though the mood is expected to remain guarded.

The domestic market bounced back towards the end of the day with initial losses. The rupee hit a record low of 50.65 per dollar, raising alarm for more foreign fund outflows.