Nifty above 8800, Sensex flat; Infosys down 1%, banks up. For more market update visit www.marketmagnify.com/freetrial.php & give missed call @ 78-79-88-11-22.
- Infosys is down on guidance downgrade scare. Maruti, Lupin, TCS and Bharti are losers.
- The market has opened flat with banks doing well. The Sensex is up 54.51 points or 0.2 percent at 28653.54, and the Nifty up 24.20 points or 0.3 percent at 8804.05.
- ICICI Bank, SBI, Tata Motors, GAIL and Bajaj Auto are top gainers in the Sensex.
- The Indian rupee opened marginally higher by 3 paise at 66.95 per dollar on Monday versus 66.98 Friday.
- Infosys is down on guidance downgrade scare. Maruti, Lupin, TCS and Bharti are losers.
- ICICI Bank shares gain as lift insurance subsidiary IPO opens. ICICI Bank shares gained a percent intraday Monday as the Rs 6,057-crore IPO of ICICI Prudential Life Insurance opened for subscription with a price band of Rs 300-334 per share today.
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