Key benchmark indices trading lower with negative bias in early morning trade. The BSE Sensex trading at 29446.78 down 14.75 points (-0.05%) and NSE Nifty at 9146.35 down 4.45 points (-0.05%).The market was shut on Friday, 14 April 2017, on account of public holiday. Asian market trading lower .US closed flat on Friday.
The breadth of the market is negative as 16 shares in advance to 36 shares in decline, Unchanged 0 on NSE.
Among corporate news, shares of public sector oil marketing companies will be in focus. Petrol price was increased by Rs 1.39 per litre while diesel was made dearer by Rs 1.04 per litre,
Sun Pharma fell over 2 percent as reported US FDA issued 11 observations as part of audit to its Dadra unit, the biggest unit after Halol for the company for US supplies.
Weakness in dollar index deepens this alleviate rupee strength The USDINR open flat at 64.42 on Monday as against 64.41 on Friday.