While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers
The 50-share NSE Nifty was trading lower by 24 points.
Infosys, Tata Motors, ONGC, TCS and GAIL are the top 5 losers.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'