The market has opened
with some sever losses. The Sensex is at 27293.25, down 518.59 points or 1.86
percent. The Nifty is down 153.25 points or 1.83% at 8227.85. About 136 shares
have advanced, 862 shares declined, and 69 shares are unchanged.
Tata Motors,
ICICI Bank, SBI, Axis Bank and Hindalco are major laggards in the Sensex with
no stock in green at the moment.
The Indian rupee
declined in the early trade. It has opened lower by 20 paise at 63.84 per
dollar versus Friday's closing of 63.64.
In commodities, Brent crude slipped over 1 percent to sub USD 63 per barrel. Nymex is around the 58 dollar mark.
Gold prices gained 0.9 percent to USD1,185.50 per ounce on safe-haven buying, while Brent crude oil futures fell 1.2 percent to USD62.52 per barrel.
In commodities, Brent crude slipped over 1 percent to sub USD 63 per barrel. Nymex is around the 58 dollar mark.
Gold prices gained 0.9 percent to USD1,185.50 per ounce on safe-haven buying, while Brent crude oil futures fell 1.2 percent to USD62.52 per barrel.
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