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Markets lower on weak global cues.

The markets opened lower in trade today tracking weak global cues. The Sensex lost 60 points at 17,783, while the 50-share Nifty opened 29 points lower at 5,386.

Manufacturing surveys from the euro zone and China depicted a bleak outlook.

Mahindra & Mahindra is the top loser among the Sensex stocks. It has slipped 1.14 per cent to Rs 763. Tata Steel, Infosys, Sterlite Industries, Tata Motors and SBI are also trading in the negative turf.

Reliance Industries, Infosys, JP Associates, Reliance Infrastructure, Tata Motors, Sterlite, Tata Steel, Sesa Goa, SBI, Bank of Baroda, Axis Bank, L&T, Ambuja Cements and HDFC were under pressure.

Sectorally, the BSE metal index has lost 0.6 per cent in opening trade today. Auto, realty, consumer durables, bankex and power are among the key losers in this space. However, some strength is visible in the BSE healthcare and FMCG indices



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