Sensex,
Nifty open lower after 3-day rally; Tata Motors, Maruti fall
Market
Update-
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
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