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Markets open quiet. Mahindra Satyam to be merged with Tech Mahindra

The markets have opened on a quiet note tracking global cues. The Sensex has slipped 20 points at 17,297. Nifty is down 11 points at 5,263.

Consumer durables and healthcare indices have also moved up. Meanwhile, metal shares have slipped 0.4% at 11,421. Power, realty and auto share shares have slipped.

TCS has gained 1.2% at Rs 1,149. Hindustan Unilever, Mahindra & Mahindra and HDFC have advanced less than a per cent in opening trades.

Meanwhile, Hindalco has slipped 2% to Rs 136. Sterlite , Maruti Suzuki, Tata Motors and Jindal Steel have shed 1-2% each.

Realty major Godrej Properties has fixed the price band at Rs 575 – 620 per share for its proposed issue of shares through private placement and will raise up to Rs 508 crore at the upper band. Shares of Godrej Properties is down 2% at Rs 620.


 

 

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