Sensex
falls over 100 pts, Nifty below 11,150; IndusInd Bank down 3%
Market
update: The Indian market opened flat on October 7
and slipped lower soon even as global sentiment was positive after data showed
the US unemployment rate dropped to the lowest in almost 50 years, easing
concerns of a slowdown in the world's largest economy.
The 30-share Sensex fell over 100 points and
Nifty touched 11,117 on the downside in early trade.
The BSE Sensex was 85 points, or 0.23 percent,
down at 37,588, while the NSE Nifty was 46 points, or 0.41 percent, down at
11,129.
IndusInd Bank, Sun Pharma, Larsen & Toubro
(L&T) and Hero MotoCorp were trading as the top losers in the Sensex index.
Rupee
update: The Indian rupee declined in the early trade
on Monday. It opened lower by 8 paise at 70.96 per dollar versus Friday's close
70.88.
Stocks in
the News: Glenmark Pharma, Ashok Leyland, Lupin, VST
Tillers, BEML, SPARC
0731-4986981
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