The market opened flat with a negative bias on Monday, tracking weakness in Asian peers and fall in FMCG and private banks stocks.
The 30-share Sensex was down 59.96 points at 28833.01 and the 50-share NSE Nifty fell 21.65 points to 8917.85.
ITC and Idea Cellular were biggest losers, down more than 2 percent followed by Maruti Suzuki, HDFC Bank, M&M, HDFC, BPCL and Bosch.
Reliance Industries continued its run up, up more than 2 percent. GAIL, L&T, ONGC, Infosys, Aurobindo Pharma and Coal India were other gainers.
The Indian rupee gained in the early trade today . It has opened higher by 8 paise at 66.75 per dollar against Friday’s close of 66.83.
Share Market Tips OPENING BELL BY TRADEINDIA RESEARCH
SENSEX UP + 17.53 @ 28910.50
NIFTY FUTURE DOWN – 2.20 @ 8939.95
BANK NIFTY FUTURE DOWN – 30.65 @ 20863.00