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Global markets in red. Nifty down on expiry.

The Nifty opens lower for fifth consecutive session on the final day of the expiry. All the Asian markets were trading lower. Hang Seng slipped 1.20%, Nikkei shed 0.74%, Straits Times was down 0.88% and Seoul Composite fell 1.37%.

The Sensex was down 60.09 points or 0.34% at 17430.72, and the Nifty was down 18.15 points or 0.34% at 5269.65.

Metal, realty and auto stocks were on sellers radar today. Top losers on the Nifty were Jaiprakash Associates, Sesa Goa, Sterlite Industries, Jindal Steel and SAIL.

Sterlite Industries is the top loser among the Sensex stocks. It has slipped 2% to open at Rs 98. Jindal Steel, Hero MotoCorp, Bharti Airtel, L&T, NTPC, Tata Steel, Maruti Suzuki, Bajaj Auto, Reliance Industries, BHEL and GAIL India have also opened lower by 0.6-1.5% each.

Tata Power, ONGC, Wipro, Dr Reddy’s Labs, Mahindra & Mahindra and HDFC Bank are among the notable gainers.


 

 

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