As expected the National Stock Exchange (NSE) 50-share benchmark index Nifty50 which closed lower at previous trade on 10,794.95 now opened on a flat note, slightly higher at 10,807.00. However after the opening it couldn’t sustain its opening level and plunged below to 10,800 levels.
Currently, it is trading near the level of 10,752.30, 42.65 points down. (09:20 AM IST)
The top gainers among Nifty50 are Infosys, Hindustan Petroleum, Infratel, Indian Oil, and Sun Pharmaceuticals however the top losers are HDFC, L&T, Axis Bank, Tata Motors, IndusInd Bank etc.
Rupee Update: The Indian Rupee opened on a flat note at 70.48 per dollar on Monday versus Friday’s close 70.49.
Global Update: Wall Street ends lower on Friday.