Sensex, Nifty open lower after 3-day rally; Tata Motors, Maruti fall
Benchmark indices started consolidating at around 11,100 on the Nifty and the formation of Doji candle also indicated indecisiveness among bulls and bears.
The BSE Sensex was down 4.14 points at 37,637.13 and the Nifty rose 9 points to 11,114.40.
The market breadth remained in favour of bulls as about 729 shares advanced against 417 declining shares on the BSE.
The sectoral trend was mixed with Pharma and IT rising more than half a percent. Banks and Auto fell marginally on profit booking.
Stocks in the news: HUL, IDBI Bank, Oberoi Realty, Power Grid, Dilip Buildcon, DHFL