Key benchmark indices trading in range bound manner in early trade .The Sensex trading at 28832.86 up 71.70 points (0.24%) and NSE Nifty at 8925.45 up 17.10 points(0.19%)
The Market breadth indicating the overall health of the market is negative .On NSE there are 21 shares in advance where 29 shares in decline. Total Unchanged 1 share.
Reliance, AxisBank ,Indratel, TataMotors and TataPower are gainers while TCS, Infy ,Grasim, Sunpharma and Wipro are losers in the Sensex.
Castrol India dropped 2.01%. The company's net profit rose 10.65% to Rs 155.80 crore on 0.59% growth in total income to Rs 818 crore in Q4 December 2016 over Q4 December 2015.
The Indian rupee open mildly lower at 67.95 versus previous close of 66.92 .