The market has opened lower Friday. The Sensex is down
59.70 points or 0.2 percent at 25730.52, and the Nifty is down 35.30 points or
0.4 percent at 7865.10. About 247 shares have advanced, 292 shares declined,
and 46 shares are unchanged. For More Information Visit
Tata Motors, Wipro, Bajaj Auto, Asian Paints and HUL are
top gainers while Dr Reddy's Labs, Tata Steel, BHEL, NTPC and L&T are
losers in the Sensex.
The Indian rupee slipped in the early trade. It has
opened lower by 16 paise at 66.78 per dollar against previous close of 66.62.
Ashutosh Raina of HDFC Bank said, "The global
risk-off coupled with weak IIP and CPI numbers are expected to weigh on Indian
markets."
The dollar gained against the yen after Japan's Central Bank governor said
there was more room to ease monetary policy if needed.
Yen fell to a two week low pressured by speculation that the Bank Of Japan
could expand its monetary stimulus as soon as next month.
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