Nifty around
11,250, Sensex trades lower; Tata Steel slips 2%
Market Opens: It is weak
start for the week as benchmark indices opened lower on May 13 with Nifty
around 11,250.
The Sensex is down 69.91 points at 37393.08, while Nifty is down 27
points at 11251.90. About 295 shares have advanced, 398 shares declined, and 46
shares are unchanged.
Tata Steel, Hindalco, Eicher Motors, Dr Reddy's Lab Grasim Industries and
Indiabulls Housing are among major losers on the indices, while gainers are
TCS, SBI, Wipro, HCL Tech and Tech Mahindra.
Except FMCG and IT all other sectoral indices are trading in red.
Rupee Opens: The Indian rupee slipped in
the early trade on Monday. It opened lower by 23 paise at 70.14 per
dollar versus previous close 69.91 yesterday.
Stocks in the news: ITC, HDFC, Eicher Motors,
Indiabulls Housing, Relaxo Footwears, SRF
Results Today: ITC, HDFC, Andhra Bank,
Automotive Axles, Balkrishna Paper Mills, Borosil Glass Works, Capacite
Infraprojects, Godrej Industries, Vodafone Idea, Karnataka Bank, Just Dial,
Metropolis Healthcare, MRPL, MT Educare, Muthoot Finance, OBC, Shemaroo
Entertainment, SRF, Subex, Trident, United Bank of India
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