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Monday Opening Updates
Benchmark indices opened lower today, tracking weakness in most Asian markets and on caution ahead of the release of Jul-Sep GDP data later this week. Losses in indices were, however, limited as S&P Global Ratings retained India's sovereign rating at BBB-, with a stable outlook, a week after Moody's Investors Service upgraded India's rating. #BSE #Sensex down 47 points to 33,632 and the #NSE #Nifty50 Index slipped 24 points to 10,366. The BSE Mid-cap Index and BSE Small-cap Index are trading marginally higher at 16,935 and 18,053 respectively. ONGC, UPL, Vedanta, Hindalco and Tech Mahindra gained the most on Nifty50, while HPCL, Infosys, Bharti Airtel, Adani Ports and Sun Pharma were the top losers. Meanwhile, the Indian rupee opened at 64.71 per dollar against Friday's close of 64.70. Some buying was seen in media and realty sectors, while PSU bank, FMCG, IT and metal sectors showed weakness on the NSE.
Monday Opening Updates
Benchmark indices opened lower today, tracking weakness in most Asian markets and on caution ahead of the release of Jul-Sep GDP data later this week. Losses in indices were, however, limited as S&P Global Ratings retained India's sovereign rating at BBB-, with a stable outlook, a week after Moody's Investors Service upgraded India's rating. #BSE #Sensex down 47 points to 33,632 and the #NSE #Nifty50 Index slipped 24 points to 10,366. The BSE Mid-cap Index and BSE Small-cap Index are trading marginally higher at 16,935 and 18,053 respectively. ONGC, UPL, Vedanta, Hindalco and Tech Mahindra gained the most on Nifty50, while HPCL, Infosys, Bharti Airtel, Adani Ports and Sun Pharma were the top losers. Meanwhile, the Indian rupee opened at 64.71 per dollar against Friday's close of 64.70. Some buying was seen in media and realty sectors, while PSU bank, FMCG, IT and metal sectors showed weakness on the NSE.