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The Indian equity market opened in red on Monday tracking subdued global cues. The Sensex fell over 150 points and Nifty moved below its crucial psychological level of 8,800 on the back of weak global cues.
The S&P BSE Sensex is trading at 28,516 down 152 points, while NSE Nifty is trading at 8,795 down 37 points. The BSE Mid-cap Index is trading up 0.09% at 13,344 whereas BSE Small-cap Index is trading up 0.17% at 12,982. RIL, Dr.Reddy's, Tata Steel, Power Grid, TCS and Coal India are among the gainers, whereas ICICI Bank, HDFC, Adani Ports, Tata Motors and ITC are losing sheen on BSE.
Some buying activity is seen in energy, pharma and capital goods sectors, while banking, realty, IT, FMCG, industrial and basic materials sector are showing weakness on BSE. The INDIA VIX is up 3.60% at 13.7250. Out of 1,844 stocks traded on the NSE, 816 declined, 614 advanced and 414 remained unchanged today.
A total of 50 stocks registered a fresh 52-week high in trades today, while 18 stocks touched a new 52-week low on the NSE. GNA Axles shares got listed at Rs.248, a 20% premium over its issue price of Rs.207 apiece, while on NSE it get listed at a premium of 21.74% at Rs.252.
Marksans Pharma jumped 10.9% to Rs.53.10 after the company announced that USFDA has granted approval for an Abbreviated New Drug Application (ANDA) for Loratadine Liquid Filled Capsules 10 mg.
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