Nifty opens around 11,300, Sensex gains; ICICI Bank rises 3%, Bajaj Auto slips 4%
Market Opens: It is a flat start for the benchmark indices on July 29 amid mixed global cues with Nifty around 11,300.
At 09:16 hrs IST, the Sensex is up 43.38 points or 0.11% at 37926.17, and the Nifty up 6.40 points or 0.06% at 11290.70. About 346 shares have advanced, 242 shares declined, and 56 shares are unchanged.
ICICI Bank, Axis Bank, Bajaj Finance, TCS, HCL Tech are some of major gainers on the indices, while losers are Vedanta, Escorts, Bajaj Auto, Indiabulls Housing, Eicher Motors, Tata Motors, Hero Motors, JSW Steel, Tata Motors, Kotak Mahindra Bank, Zee, NTPC and HDFC Bank.
Among sectors, except FMCG and IT all other indices are trading lower led by the auto, metal, pharma, energy and infra.
Rupee Opens: The Indian rupee opened marginally lower at 68.94 per dollar on Monday against Friday's close 68.90.
Stocks in the news: ICICI Bank, Cadila Health, Mahindra Life, Vedanta, Uflex, Granules, NHPC