Nifty opens
below 11,400, Sensex falls 150 points; RIL, HDFC Bank in focus post Q1 nos
Market Opens: It is a weak start for the market on Monday
with Nifty falls below the important level of 11,400.
The Sensex is down
197.95 points or 0.52% at 38139.06, and the Nifty down 56.50 points or 0.49% at
11362.80.
Vedanta, RIL, Tata
Motors, Maruti Suzuki, ONGC, Tata Steel, Eicher Motors are among major gainers
on the indices, while on the other hand losers are HDFC Bank, Bajaj Finance,
Cipla, Adani Port, Titan, ICICI Bank, Bajaj Auto, Bajaj Finserv, Amara Raja,
Interglobe Aviation, ICICI Lombard and Future Lifestyle.
Among the sectors,
except metal all other indices are trading lower led by bank, pharma, infra,
FMCG and IT.
Rupee Opens: The Indian rupee slipped in the early trade on Monday. It has
opened lower by 10 paise at 68.90 per dollar versus Friday's close 68.80.
Stocks in the
news: RIL, HDFC Bank, Amara Raja, InterGlobe, Dabur, SpiceJet, Automobile Corp,
Cipla
Results
on July 22: Kotak Mahindra Bank, United Spirits,
Lakshmi Machine Works, Dewan Housing Finance Corporation, Oriental Bank of
Commerce, Can Fin Homes, Hindustan Media Ventures, TVS Motor Company, Aptech,
ICICI Securities, Just Dial, GlaxoSmithKline Pharmaceuticals, Just Dial, Wendt
(India), Cupid, Mastek, Coromandel International, Allsec Technologies,
Srikalahasthi Pipes.
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