Nifty
around 11,700, Sensex down 280 pts; Cipla falls 5% on warning letter
Market
Opens: It is a weak start for the Indian indices
with Nifty slipped below 11,700 level.
At 09:16 hrs IST, the Sensex is down
365.09 points or 0.91% at 39916.11, and the Nifty down 104.50 points or 0.89%
at 11693.40.
Nestle, Asian Paints, Zee, SBI and HUL
are among major gainers on the Indices, while losers are Cipla, JSW Steel,
Bharti Infratel, Wipro, Tata Motors, Tata Steel, RIL, Yes Bank and HDFC.
Rupee
Opens: The Indian rupee opened higher by 13 paise
at 71.75 per dollar on Wednesday versus previous close of 71.88.
Stocks
in the news: IRB Infra, Wockhardt, JSW Steel, India
Cements, Tata Chemicals
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