Nifty below 10,950, Sensex flat; Indiabulls Housing, Titan shed 4%
Market Opens: It is a flat start for the Indian indices on August 7 ahead of ahead of RBI monetary policy outcome later today.
The Sensex is up 34.75 points at 37,011.60, while Nifty is up 1.90 points at 10,950.20. About 407 shares have advanced, 292 shares declined, and 32 shares are unchanged.
Yes Bank, Hindalco, Bajaj Auto, IOC, Gail and TCS are among major gainers on the indices, while losers are Indiabulls Housing, Lakshmi Vilas Bank, Titan, Tata Steel, Eicher Motors, Vedanta, Coal India, ICICI Bank and NTPC.
Among sectors, except metal other indices are trading with marginal gains. BSE midcap and smallcap are trading higher.
Rupee Opens: The Indian rupee slipped in the early trade on August 7. It opened lower by 15 paise at 70.96 per dollar versus Tuesday's close 70.81
Stocks in the news: RIL, Indiabulls Housing, L&T, Avenue Supermarts, Jet Airways, Tata Steel