Nifty below 11,700, Sensex falls 200 points; Yes Bank plunges 27%
Market Opens: It is flat start for the Indian Indices on April 30. The Sensex is down 60.31 points at 39007.02, while Nifty is down 27.20 points at 11727.50. About 351 shares have advanced, 409 shares declined, and 61 shares are unchanged.
Maruti Suzuki, Yes Bank, Bharti Infratel, IndusInd Bank, Hero Motocorp, DHFL, L&T, PNB Housing, are among major losers on the indices, while gainers are ONGC, Grasim Industries, Wipro and Tech Mahindra.
Among sectors, Bank Nifty is under pressure with a fall of 1 percent. Auto and metal stocks are also trading lower.
Asian markets trade lower: Shares in Asia fell on Tuesday despite another record high close for the S&P 500, as investors await a US Federal Reserve policy decision for clues of whether it will continue to take a "patient" approach to interest rate policy.
Rupee Opens:The Indian rupee gained in the early trade on Tuesday. It opened higher by 17 paise at 69.84 per dollar on Monday versus 70.01 Friday.
Stocks in the news: Yes Bank, Hero Moto, Ambuja Cements, GMM Pfaudler, JSW Energy