Market Live: Sensex opens mildly lower, Nifty holds 10,900; Infosys down 1%

NDTV hits upper circuit Shares of NDTV are locked in 10 percent upper circuit after it signed a deal with Taboola, a content discovery platform. 

The five-year deal ties NDTV Convergence exclusively to Taboola and involves a minimum guarantee of more than Rs 300 crore for NDTV Convergence. 

Shares of PVR are higher by a percent after it announced the opening of a new multiplex at Ansal Plaza in Greater Noida, UP.

IT stocks fall Frontline IT names such as Infosys and TCS, among others are trading lower. Take a look at their intraday chart. 

Market opens It’s a mildly lower start to the market on Friday morning, amid weak global cues. The Nifty is holding 10,900-mark. 

Among sectors, Nifty IT index is down around half a percent, while energy and pharma are in the negative zone. Automobile names are trading in the green. 

The Nifty Midcap index is up one quarter of a percent.

The Sensex is down 31.04 points or 0.09% at 36400.63, while the Nifty was down 16.20 points or 0.15% at 10935.50. The market breadth is positive as 295 shares advanced, against a decline of 107 shares, while 21 shares were unchanged.

Bharti Airtel, Yes Bank, HPCL and Indiabulls Housing are the top gainers, while Infosys, Power Grid and IOC have lost the most.

Rupee opens The Indian rupee opened at 69.72 per dollar on Friday versus previous close 69.70.

Market at pre-open Equity benchmarks are trading higher in pre-opening trade, with the Nifty well above 10,950-mark. 

The Sensex is up 111.89 points or 0.31% at 36543.56, while the Nifty is higher by 10.10 points or 0.09% at 10961.80.

The rupee has opened flat at 69.72 per US dollar against its previous close of 69.70 per US dollar.

Wall Street ends lower: US stocks slid on Thursday, with the Nasdaq on the cusp of confirming bear market territory, as the Federal Reserve's plan to continue its balance sheet reduction and the threat of a partial government shutdown fuelled investor anxieties.

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