As expected the National Stock Exchange (NSE) Nifty50 index which closed near 11,456.90 opened on a lower note near 11,395.65. However it couldn’t sustain its opening level and plunged to 11,366.10, 90.80 points down. (09:29 AM IST)
On the other hand, the BSE-Sensex index is down 323.25 points down at 37841.26. (09:16 AM IST)
All the sectoral indices are trading in red led by PSU bank, pharma, metal, auto, FMCG, and energy etc. The top gainers among Nifty50 are Indian Oil, ONGC, Bharat Petroleum, Coal India, and NTPC however the top losers are Hindalco, JSW Steel, Sun Pharma, Ultra tech Cement, and Kotak Bank etc.