Friday, 20 January 2017

Sensex, Nifty open lower; IT stocks fall, Axis slips 5% on Q3

The market has opened cautiously lower head of US President-Elect Donald Trump’s inauguration later in the day. The Sensex is down 106.48 points or 0.4 percent at 27202.12, and the Nifty down 27 points or 0.3 percent at 8408.10. About 359 shares have advanced, 418 shares declined, and 153 shares are unchanged. 

Axis Bank, ICICI Bank, Tata Motors, Coal India and Asian Paints are top losers in the Sensex while GAIL, Cipla, SBI, Bharti and L&T are gainers. The Indian rupee opened higher at 68.05 per dollar on Friday versus previous close 68.12.

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