Shares of Trident gained 3.91 percent, trading at Rs 65.15 at 11.32 am on the NSE, after three days of consecutive fall. It touched an intra-day high of Rs 66, rising 4.35 percent. Shares rose after the company's promoter bought additional 15.7 lakh shares via open market on October 22. 

Shares of ITD Cementation India snapped their three-day losing streak and rose 2 percent after the company got orders worth Rs 10.7 billion. The company bagged orders from Airports Authority of India, Vizhinjam Port, Visakhapatnam Port, Mumbai Metro and Rail Vikas Nigam. The orders were for various construction and capacity-addition work. At 11.16 am, shares of the company were up 1.4 percent at Rs 112.20. Meanwhile, benchmark indexes were off from the day's lows, but still traded weaker. The Nifty dipped 47 points, or 0.46 percent, to trade at 10,198. The Sensex also traded weak, declining 0.35 percent, or by 119 points, to trade at 34,043. 

Shares of Bharat Heavy Electricals were trading 2 percent higher at Rs 75.40 after the company said its board will consider a share buyback on Thursday. The stock rose today despite weakness in the broader market. The share has fallen nearly 19 percent so far in 2018. BHEL will also consider Jul-Sep earnings along with the buyback on Thursday. Shares of BHEL were trading up 1.96 percent at Rs 75.40.

The BSE Sensex traded at 33,961, down by 173 points, or 0.51 percent at 10.10 am, while the Nifty inched towards the 10,200 levels, trading at 10,192.10, lower by 53 points, or 0.52 percent. Broader markets also showed signs of recovery with the Nifty MidCap marginally down by 0.22 percent, while the BSE MidCap slipping by 0.36 percent. Nifty Bank traded lower by 0.24 percent, but traded above the 25,000 mark.

Shares of Asian Paints fell more than 6 percent to hit an over-six-month low of Rs 1,126.55 due to disappointing July-September earnings and worries over future profit growth. At 9.30 am, shares of Asian Paints were down 5.2 percent at Rs 1,138, while Berger Paints India was down 5.3 percent at Rs 265 and Kansai Nerolac Paints was down 6.4 percent at Rs 362. (Cogencis)

Indian shares opened lower on Tuesday, tracking weak global cues. The Sensex started 234 points lower, or 0.69 percent, at 33,899.80, while the Nifty started at 10,158, down by 87 points, or 0.85 percent. The Nifty Bank dipped nearly a percent, trading at 24,835, while the Nifty MidCap slipped a percent. Asian Paints, IOC, Indiabulls Housing Finance, HPCL and BPCL were among top index losers, declining by 4.92 percent. Asian Paints fell nearly 5 percent after a disappointing earnings in July-September quarter. IndusInd Bank lead among index gainers, jumping 1.7 percent, while shares of Adani Ports, Coal India, Tech Mahindra and Gail rose by up to 1.11 percent. 

The Indian rupee opened lower at 73.70 against the US dollar. On Monday, the home currency closed at 73.55 against the greenback. Meanwhile, benchmark indexes look set for a weak start tracking tepid Asian cues. The BSE Sensex settled at 33,936, down 198 points, or 0.6 percent in pre-open, while the NSE Nifty50 started a tad above 10,150 level, at 10,152, declining by 93 points, or 0.90 percent. Asian Paints shares plunged 5 percent in pre-open after July-September earnings came below estimates.