ManagementSensex weak in early trades
After a massive 387 points fall on the Sensex yesterday. The index today opened on a weak note at 16,699 owing to negative cues from the global markets. The index then started slipping further into the red and is now at 16,229, down 123 points.
- Sensex rebounds into positive territoty - Markets recover from day"s low - Tata Steel down 4% on sharp drop in net - Jet Airways, SpiceJet drop on Q2 net loss - Sensex opens 17pts lower - F&O Outlook: Positive surprises are unlikely
The NSE Nifty is at 4,812, down 34 points.
Among the BSE-30 stocks, ICICI Bank has slipped 4% to Rs 800. Tata Steel and Sterlite have declined around 3% each to Rs 488 and Rs 757, respectively.
SBI and DLF have dropped 2% each to Rs 2,158 and Rs 392, respectively.
Hero Honda, Reliance Communications, Maruti and Sun Pharmaceuticals are down 1% each.
Mahindra & Mahindra, ACC, Tata Motors and Bharti Airtel on the other hand are up 1% each.