The Intraday market opened on a flat note on Monday despite
positive Asian cues. The Sensex fell 9.87 points to 26116.88 and the Nifty
declined 5.40 points to 7785.05. About 536 shares have advanced, 363 shares
declined and 39 shares are unchanged.
TCS, Tata Motors, Ambuja Cements, ACC,
BPCL, Coal India and Bharti Airtel declined 0.7-1.8 percent whereas Sun Pharma,
Hero Motocorp, PNB, Sesa Sterlite, Tata Steel, Infosys, Cairn India and Axis
Bank gained 0.5-1.8 percent.
In Europe, shares ended the day lower on Friday, as concerns about the impact of tougher sanctions against Russia weighed amid ongoing unrest in Ukraine.
In Europe, shares ended the day lower on Friday, as concerns about the impact of tougher sanctions against Russia weighed amid ongoing unrest in Ukraine.
The Indian rupee opened flat at 60.09 per dollar on Monday as against Friday's
closing value of 60.10 a dollar. The dollar is stronger versus the euro and the
Swiss Franc, while flat versus the yen. The dollar index is higher at the 81
mark.
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The late selling pulled Nifty50 below its crucial support of 11,500, dragged by Reliance Industries, ICICI Bank, ITC, IOC and Tata Motors which fell 2-4 percent.
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