Mumbai, Jan 8 || The Indian benchmark indices posted mild losses on Thursday amid profit booking, rising geopolitical tensions and muted sentiment from the Asian markets.
As of 9.23 am, Sensex slipped 108 points, or 0.13 per cent to 84,852 and Nifty eased 46 points, or 0.18 per cent to 26,094.
Main broad-cap indices performed almost in line with benchmark indices, with the Nifty Midcap 100 down 0.32 per cent, while the Nifty Smallcap 100 lost 0.14 per cent.
Bharat Electronics and SBI Life Insurance were among the major gainers in the Nifty pack. Except Nifty realty and consumer durables, all sectoral indices were trading in red. Nifty metal led the losses, slipping 1.27 per cent.
Immediate support lies at 26,000–26,050 zone, and resistance placed at 26,250–26,300 zone, market watchers said.
Despite the short-term softness, the broader positional trend remains bullish, supported by a pattern of higher tops and higher bottoms on the daily charts, analysts said.