The National Stock Exchange (NSE) Nifty50 index which closed lower at previous trading session is now opened on a lower note at the level of 10,635.35 from its previous closing level of 10,663.50. Currently, it is trading below 10,600 levels at 10,586.40, 77.10 points down. (09:21 AM IST)
On the other hand, the BSE-Sensex fell over 150 points. It is a negative start on the D-Street. As of now the top gainers among Nifty50 are Hindustan Petroleum, Bharat Petroleum, Indian Oil, Coal India, and ONGC however the top losers are Hindustan Unilever, Infosys, Sun Pharmaceuticals, Wipro, and Hindalco etc.
Nifty has breached the 10,600 levels now. All sectoral are trading in the red, with maximum cuts visible among automobiles, pharma, IT, and metals etc.
Oil Update: Brent crude oil futures were trading around $50 a barrel.