Tuesday 22 January 2019

Market Live: Sensex down around 100 points, Nifty below 10,950; Sun Pharma up 3%


Market opens It’s a negative start to the market on Tuesday morning, with the Sensex falling around 100 points. The Nifty is below 10,950-mark. 

Weakness is visible among automobiles, banks, energy, IT and metal names, while Nifty Pharma index is trading higher. Gains in Sun Pharma are leading the charts for Nifty Pharma. The Nifty Midcap index is down around 0.25 percent. 

The Sensex is down 98.12 points or 0.27% at 36480.84, while the Nifty is lower by 35.90 points or 0.33% at 10926.00. The market breadth was narrow as 209 shares advanced, against a decline of 178 shares, while 38 shares were unchanged.

Sun Pharma and Kotak Mahindra Bank are the top gainers, while Axis Bank, M&M, Hindalco and TCS lost the most.  

Rupee Opens: The Indian rupee opened marginally higher at 71.22 per dollar on Tuesday versus 71.28 Monday.

Market at pre-open: Indian indices are trading flat in pre-opening session with Nifty is below 10,950 level.

At 09:02 hrs IST, the Sensex is up 19.51 points at 36598.47, while Nifty is down 14.20 points at 10947.70.

Sun Pharma is down 10 percent, while Kotak Mahindra Bank is up 2 percent in the pre-opening trade.

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Source: Moneycontrol

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