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Markets open soft.

The Indian markets have made a marginally lower beginning. By 9:45, the Sensex was down 10 points at 15,961 and the Nifty declined 4 points to 4,775.

BSE Bankex has plunged by 1%. SBI, HDFC Bank, Axis Bank and Kotak Mahindra Bank have fallen by nearly 1% each.

However, BSE Capital Goods and Consumer Durable indices have surged by nearly 1% each.

In the Capital Goods space, L&T has surged by 1.47% at Rs 1,040.

Reliance Communications, Reliance Infrastructure, Reliance Capital, Reliance Power have gained 1.5-3.5%.

The BSE Mid-cap Index is up at 0.25% while the Small-cap index has gained 0.28%.

Amongst other shares, Bharati Shipyard has zoomed 4% as the company’s board cleared debt revamp worth Rs 2,854 cr.

Jet Airways has lost 2% on reports that I-T Department sent two notices to the company’s promoter Naresh Goyal on overseas accounts.



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