As expected the National Stock Exchange (NSE) Nifty index opened on a flat note at the level of 10,310.15 from its previous closing level of 10,316.45. However just after the opening, it plunged and trading below 10,300 at 10,273.90 (09:18 AM), 45.55 points down.
On the other hand, the Bank Nifty is down around a quarter of a percent, while Metal and pharmaceutical sectors are trading lower. The mid-caps are in the red zone.
The top gainers among Nifty50 are TCS, Infosys, Titan, and IndusInd Bank, however, the top losers are Hindustan Petroleum, Bharat Petroleum, ONGC, and GAIL India etc.
Update: The rupee has opened at 73.96 per Dollar against Friday’s close of 73.77 per dollar.