Early Trading Sees Sensex & Nifty Mixed

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Indian shares fell slightly on Monday, tracking weak global markets on increased fears about increased trade tensions between the U.S. and China.

Asian stocks are trading mostly lower to extend declines for the third day, while the major U.S. averages fell between 1.8 percent and 2.4 percent on Friday to hit their lowest closing levels in well over a month.

Investors also turned cautious after China's newly appointed central bank chief announced sweeping plans to rein in surging debt and curb financial risks.

Closer home, the benchmark BSE Sensex was little changed at 32,599 in early trade while the broader Nifty index was down 15 points or 0.15 percent at 9,982.70.

Wipro, IOC, BPCL, GAIL and HPCL lost 2-3 percent in the Nifty pack, while Yes Bank, IndusInd Bank, SBI, ICICI Bank and Bajaj Finance rose 1-2 percent.