Opening Bell - Markets open lower; IT stocks drag


 The BSE Sensex opened lower by 22 points at 31196, while the Nifty50 opened lower by  9 points at the 9638 mark.
 
Reliance Industries Limited is the top Nifty gainer and Infosys is the top Nifty loser in the morning hours. RIL is trading at Rs 1348 per share up by 1.24% whereas Infosys is trading at Rs 932 per share, down by 2.56%.
 
IT stocks are trading in negative territory in the morning hours on Friday extending its Thursday’s loss. Tech Mahindra, HCL Tech, Wipro and Infosys are the top Nifty losers.

Reliance Industries was biggest gainer, up 1.5 percent followed by HUL, Coal India, M&M, L&T, Yes Bank, IOC and Kotak Mahindra Bank.
The Indian rupee has seen some correction in early trade. It has opened at 64.27 against the US dollar, down 6 paise compared with previous day's closing of 64.21 a dollar.

1 Comments