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Markets flat.

The Indian markets opened on a flat note with the BSE Sensex at 15,966, down 36 points and the Nifty at 4,791, down 10 points.

The Euro has seen close to a 11-month low on Wednesday after the Federal Reserve failed to take any new steps to stimulate growth and offset the chilling effects of Europe’s still-unresolved debt crisis.

Among the sectoral indices, BSE Consumer Durables and Oil & Gas indices are trading lower by 1%. VIP Industries, Titan Industries and Videocon Industries, down 1-3% each, are the losers from the Consumer Durables’ space.

From the Oil & Gas space, Essar Oil, Hindustan Petroleum Corporation and Reliance Industries, down 1-3% each, are the notable losers.

BSE IT is marginally up at 5,826.

Sun Pharma Industries has moved up 1% at Rs 518 and is the top gainers among the Sensex stocks. Other prominent gainers from the pack are Hindustan Unilever, Maruti Suzuki, Jindal Steel and Cipla.

The losers from the pack are Hindalco Industries, NTPC, ICICI Bank, Tata Power and BHEL, down 1-2% each.


 

 

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