Market Opens: It is weak start for the week as benchmark indices opened lower on May 13 with Nifty around 11,250.
The Sensex is down 69.91 points at 37393.08, while Nifty is down 27 points at 11251.90. About 295 shares have advanced, 398 shares declined, and 46 shares are unchanged.
Tata Steel, Hindalco, Eicher Motors, Dr Reddy's Lab Grasim Industries and Indiabulls Housing are among major losers on the indices, while gainers are TCS, SBI, Wipro, HCL Tech and Tech Mahindra.
Except FMCG and IT all other sectoral indices are trading in red.
Rupee Opens: The Indian rupee slipped in the early trade on Monday. It opened lower by 23 paise at 70.14 per dollar versus previous close 69.91 yesterday.
Market at pre-open: Benchmark indices are trading mixed in the pre-opening session on Monday with Sensex gained more than 200 points.
At 09:02 hrs IST, the Sensex is up 221.78 points or 0.59% at 37684.77, and the Nifty up 0.30 points or 0.00% at 11279.20.
Crude update: Oil futures were mixed on Monday, with US crude edging lower, as investors and traders fretted over global economic growth prospects amid a standoff in Sino-US trade talks.
Asian markets trade lower: US stock futures fell and Asian shares slipped on Monday on growing uncertainty over whether the United States and China will be able to reach a deal to end their escalating trade war.
SGX Nifty: Trends on SGX Nifty indicate a negative start for the broader index in India, a fall of 33 points or 0.29 percent. Nifty futures were trading around 11,250.50-level on the Singaporean Exchange.
Wall Street ends higher: US stocks rebounded from early losses on Friday to snap a four-day losing streak after US President Donald Trump and Treasury Secretary Steven Mnuchin said trade talks between the United States and China were “constructive.”
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