Market opens Equity benchmarks have begun the day on a lower note, with the Sensex falling nearly 150 points. The Nifty is below 10,850-mark.
Bank Nifty and the midcap index are in the red, while pain is visible among automobiles, metals, and pharmaceuticals.
The Sensex is down 146.02 points or 0.40% at 36108.55, and the Nifty down 65.80 points or 0.60% at 10844.30. The market breadth is narrow as 241 shares advanced, against a decline of 210 shares, while 34 shares were unchanged.
NTPC, Wipro, HDFC and Bharti Airtel gained the most, while Tata Motors, Vedanta, Eicher Motors and JSW Steel lost the most
Rupee opens The Indian rupee opened marginally lower at 69.52 per dollar on Wednesday versus previous close 69.45.
Rupee consolidated in a narrow range for the most of the sessions but rose in the last hour of the session. In the last couple of sessions volatility for the USD-INR pair has dropped as most market participants were on the sidelines following New Year holidays, said Motilal Oswal.
Market at pre-open It is likely to be a subdued start as the Nifty is below 10,900 in pre-opening trade.
The Sensex is up 55.11 points or 0.15% at 36309.68, while the Nifty is lower by 12.50 points or 0.11% at 10897.60.
The Indian rupee opened marginally lower at 69.52 per dollar on Wednesday versus previous close 69.45.
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