Soon after opening in the positive terrain, the intraday
market slips into red. The Sensex is down 59.04 points at 20792.29, and the
Nifty is down 21.65 points at 6189.50. About 447 shares have advanced, 267
shares declined, and 491 shares are unchanged. ONGC , Tata Motors , Infosys ,
Sun Pharma and Wipro are top gainers in the Sensex. Tata Power , M&M,
L&T, NTPC and Bajaj Auto are major losers in the Sensex.
The Indian rupee
opened lower by 19 paise at 62.35 per dollar against 62.16 Friday. The dollar
holds steady in early Asian trading supported by an upbeat outlook on the US economy.
From precious metals space, gold held near a two-and- a half
week high today morning supported by weaker equities, but a stronger dollar and
bullish comments from Bernanke kept gains in check. European markets though
moved higher on the back of strength in retailers. Meanwhile, Asian markets
turned lower in morning trade today and Nikkei resumed trade over 250 points
lower.
Indian Intraday
markets closed flat on Friday. PM Manmohan Singh rules out third term, says
failures overblown in his press conference. China December official services
PMI dips to 54.6. U.K. manufacturing PMI falls to 57.3 in December from 58.1.
Nifty down 10 pts, closed at 6211. Sensex down 37 pts, closed at 20851. Europe is
trading in green zone.
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