Market Live:
Sensex, Nifty open the week mildly lower; Titan surges 20%
Equity benchmarks
opened the week mildly lower on Monday, tracking weakness in Asian peers. The
broader markets outperformed benchmarks, with Midcap and Smallcap rising 0.2
percent each on positive breadth.
The 30-share BSE
Sensex was down 39.69 points at 33,645.87 and the 50-share NSE Nifty fell 17.50
points to 10,435.
About 730 shares
advanced against 525 declining shares on the BSE.
Bharti Airtel,
Reliance Industries, HPCL and Dr Reddy's Labs were early losers while M&M,
Indiabulls Housing, Bharti Infratel and ONGC were gainers.
Titan Company
jumped 20 percent post strong Q2 numbers,PC Jeweller, Amtek Auto, Kitex
Garments and VRL Logistics gained 2-13 percent.
SCI, Sical
Logistics, UCO Bank, Inox Wind and MBL Infra were losers in early trade.
The Indian rupee
slipped in early trade today. It has opened lower by 10 paise at 64.65 per
dollar versus 64.55 Friday.
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