The benchmark S&P BSE sensex trimmed initial losses and was down 29 points in late morning trade on selling in banking, IT and realty sector stocks on the back of weak Asian cues even as investors bought capital goods and consumer durable shares.

The sensex opened at 20,913.79, compared with Friday’s close of 20,851.33, on initial buying and then declined to 20,740.63 on selling pressure.

It recovered afterwards to 20,822.11 at 1030 hrs, still showing a loss of 29.22 points, or 0.14%, from the previous closing level.

  business, Sensex