Mumbai: The markets have opened flat and trading in red as FMCG, IT, Auto, Oil & gas stocks witnessing selling pressure. However, Realty consumer durable sectors were trading with modest gain.
At 0956 hrs IST, the Sensex was down 41 points at 15748, and the Nifty down two points at 4745.
About 1783 shares have advanced, 828 shares declined, and 461 shares are unchanged.
Top losers were Tata Power, Satyam, HUL, HDFC, Infosys, L&T and Tata Steel.
Asian markets were trading lower. Japan's Nikkei fell 1.12 per cent or 146.20 points at 12,965.69. Hong Kong's Hang Seng was down 0.10 per cent or 23.53 points at 23,961.04. Singapore's Straits Times declined 0.62 per cent or 19.02 points at 3,070.70. South Korea's Seoul Composite was flat at 1,753.58. However ,Taiwan's Taiwan Weighted gained 1.39 per cent or 120.55 points at 8,788.48.
US markets fell the most in two weeks and closed lower as Wall Street succumbed to selling pressure.
The negative sentiment came in after United Parcel Service slashed its earnings forecast and oil prices hit a record high above $112 per barrel.
The Dow Jones industrial average dropped 49.18 points, or 0.39 per cent, to 12,527.26. The Standard & Poor's 500 index was down 11.05 points, or 0.81 per cent, to 1,354.49, and the Nasdaq fell 26.64 points, or 1.13 per cent, to 2,322.12.
Market cues:
- FIIs net sell $36.9 m in equity
- MFs net buy Rs 90 cr in equity
- NSE F&O Open Interest up by Rs 2,545 crore at Rs 56,931 crore
F&O cues:
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