Benchmark indices opened the day flat, following solid 2-per cent gains seen on Monday with most of Asia also having a quiet session.
Tata Steel was trading with gains following reports that the company has accepted seven expressions of interest for the sale of its UK business. The stock was up 0.50 per cent in early trade.
Grasim was trading with losses, despite a better than expected set of results. The stock was down 0.50 per cent in trade.
Ricoh India was again in the limelight after reports that the small shareholders would move the Court against the company's board and directors.
Meanwhile, most of Asia was trading mixed with the Shnaghai Composite marginally nhigher, while Hang Sang and the Japanese Nikkei were lower in trade.