Mumbai,27/1:Indian markets started on a weak note on Thursday with the BSE Sensex being down over 1,000 points in early trade. Except Maruti, all other companies in the 30-share index were in the red till 9.49 am.
While Titan was the biggest loser, down over 4 per cent, Tata Steel and HCL Tech were down over 3 per cent.
Slow recovery began around 9.57 am when some of the banking counters like Axis Bank, Kotak Mahindra and IndusInd started to gain.
Market Mood Index (MMI) Ticker Tape, which reflects the sentiment among investors, indicated that the mood switched to fear from greed, a week ago. Greed reflects a drive to invest more while fear means investors are being cautious and waiting.