As expected the National Stock Exchange (NSE) Nifty index opened on a negative note at the level of 10,339.70 from its previous closing level of 10,453.05. However, it sustained its opening level and trading near 10,337.30, down 115.75 points. (09:21 AM IST)
So, it’s a negative start to the market on Friday morning as weak global cues and a fall in index heavyweight, Reliance Industries, are dragging the indices lower. However, the BSE-Sensex has opened over 470 points down.
The top gainers among Nifty50 are GAIL India, Hindustan Petroleum, Sun Pharmaceuticals, and Infratel, however, the top losers are Reliance Industries, Reliance, HCL Technology, Infosys, and Ultratech Cement etc.
On 09:27 AM IST, the advances and declines on Nifty50 were 25 and 25 respectively.