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Flat Indices. Metals lose further.

Markets have opened on a flat note tracking subdued global cues. The Sensex opened at 17,607, down 26 points and the 50-share Nifty has shed 7 points to open at 5,327 levels.

Tata Power is the top gainer among the Sensex stocks. It has opened higher by nearly 1% at Rs 99. Sun Pharma has also advanced 0.6% to open at Rs 685. GAIL India, Cipla, ITC, NTPC, Dr Reddy’s Labs and SBI have opened on a flat note.

On the other hand, Sterlite Industries, Tata Motors, Bajaj Auto, Tata Steel, ONNMGC, Mahindra & Mahindra, Coal India, Infosys, Hero MotoCorp, TCS and Larsen & Toubro have openeld lower in trades today.

Most of the sectoral indices have opened lower. The BSE metal index is the top sectoral loser, down 1% at 9,930 levels. Auto, IT, Oil & Gas, PSU, Consumer Durables, Bankex and Capital Goods indices have also shed 0.1-0.8% each.

Healthcare, FMCG, power and realty indices have opened on a flat note.


 

 

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