Nifty starts
August series below 11,250, Sensex flat; Biocon gains 3% post Q1 nos
Market
Opens: Benchmark indices
opened lower on July 26 with Nifty started the August series on a weak note as
it slipped below 11,250 level.
At 09:17 hrs IST,
the Sensex is down 51.05 points at 37779.93, while Nifty is down 9.90 points at
11242.30. About 312 shares have advanced, 384 shares declined, and 30 shares
are unchanged.
Biocon, South
Indian Bank, Vedanta, Yes Bank, Indiabulls Housing, Bharti Infratel, Coal India
are some of the major gainers on the indices, while losers are JSW Steel, PVR,
Bajaj Finance, Tata Motors, Bajaj Finserv, IOC, Dr Reddy's, Infosys, HCL Tech
and ONGC.
All the sectoral
indices are trading marginally lower. Midcap and Smallcap index are also
trading lower.
Rupee Opens: The Indian rupee opened lower by
8 paise at 69.12 per dollar on Friday versus Thursday's close
69.04.
Stocks
in the news: Tata Motors, Bank of Baroda, Biocon,
PVR, Trident, TRF, Techno Electric
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