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Markets decline. ADAG stocks tumble

The markets opened sluggish, this trading session following mixed cues from the global peers. The BSE Sensex opened at 16,550, down 148 points and the Nifty opened at 4,968, down 47 points.

Reliance Industries, ONGC and Gail, down nearly 1% each, are the major losers among the Oil & Gas stocks.
Punjab National Bank, SBI, Axis Bank and ICICI Bank, down 1% each, are the prominent losers from the financials’ space.

Larsen & Toubro, up 0.4% at Rs 1,375 is the major gainer among the Sensex stocks. Other prominent gainers include Coal India, Bharti Airtel and Jindal Steel. The losers from the pack include Bajaj Auto, Hindalco Industries, HDFC, Hindustan Unilever abd DLF, down 1-2% each.



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