Market Live: Nifty opens flat ahead of August F&O expiry; rupee hits record low of 70.81/$
The market has opened flat ahead of expiry of August futures & options contracts later today.
The 30-share BSE Sensex rose 1.83 points to 38,724.76 while the 50-share NSE Nifty fell 1.40 points to 11,690.50.
Vedanta, Sun Pharma, UPL, Coal India, Cipla, Wipro and ITC are early gainers.
HPCL, BPCL, IOC, SBI, Kotak Mahindra Bank, Yes Bank, Reliance Industries, ICICI Bank and Maruti Suzuki are under pressure.
Nifty Midcap was up 17 points.
Dena Bank, Corporation Bank, Punjab & Sind Bank, Greaves Cotton, Laurus Labs, NFL and NALCO gained 3-8 percent.
Jet Airways, Ceat, Apollo Tyres, SpiceJet and InterGlobe Aviation are under pressure.
After a marginal gap down opening the Indian rupee touched a record low of 70.81 per dollar.
It has opened marginally lower at 70.63 per dollar versus previous close 70.59.
Stocks in the news: Unitech, Greaves Cotton, Tata Chemicals, Laurus Labs, Reliance Infra