Monday 21 January 2019

Market Live: Nifty around 10,900, Sensex flat; L&T slips on buyback rejection by SEBI


Market opens: Benchmark indices started the week on a flat note with Nifty holding above 10,900 level. 

The Sensex is up 30.57 points at 36417.18, while Nifty is down 0.40 points at 10906.60. About 386 shares have advanced, 448 shares declined, and 56 shares are unchanged. 

HDFC Bank, Sun Pharma, NTPC, Infosys, RIL are trading higher, while Wipro, L&T, IOC, BPCL, TCS, Jet Airways, South Indian Bank, DCB Bank,  are among major losers. 

Rupee Opens: The Indian rupee opened lower by 18 paise at 71.36 per dollar on Monday versus Friday's close 71.18.

Market at pre-open: Benchmark indices are trading mixed in pre-opening trade with Nifty is below 10,900 level.

At 09:02 hrs IST, the Sensex is up 58.69 points at 36445.30, while Nifty is down 34.30 points at 10872.70.

Linde India down 20 percent, and DCB Bank, L&T down 10 percent in pre-opening trade, while Vodafone Idea and Wipro are trading higher.

Crude Update: Oil prices dipped on Monday as China reported its weakest annual economic growth in 28 years, although oil prices remain relatively well supported by supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC).

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Source: Moneycontrol

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