The market has opened weak. After initial hiccups, the Nifty slipped below 7950.
The 50-share index is down 39.05 points or 0.5 percent.
The Sensex is down 117.85 points at 25922.85.
Share Market Tips: Axis Bank, Adani Ports, Cipla, SBI and HDFC are losers in the Sensex.
Crude prices hold steady as the market waits to see how OPEC would manage its planned output cuts with Libya expecting to boost production.
Gold gained marginally as the dollar retreats from 14-year high and some buyers were tempted to take advantage of prices near a 10-month low after six weeks of decline.
Future Tips: Nifty Future is opening at 7965 as per SGX Nifty at 8:30 am IST, 35 points below its previous close of 8000.
HDFC | ONGC | Allahabad Bank | InterGlobe Aviation | Camlin Fine Sciences | Apar Industries | NDTV | GMR | Divis Labs | Bajaj Hindusthan | NHPC | Equitas Holdings | Ratnamani Metals | SAT Industries | Engineers India and Jindal Stainless are stocks, which are in the news today.
Free Intraday Tips: BUY TATA MOTORS 460 PUT