Sensex Opens Lower As Global Markets Hit By Paris Attacks

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Benchmark indices opened the day lower as most of the global markets were trading with losses following a series of attacks in Paris on Friday, that left several people injured and many dead.

Asian markets were trading lower with the Hang Sang seeing cuts of 1.2 per cent, while the Seoul Composite was down 1 per cent and the Japanese Nikkei saw losses of 1 per cent.

Sensex Opens Lower As Global Markets Hit By Paris Attacks
The Sensex was trading with losses of 70 points at 25,540 points, while the Nifty was down 20 points in trade at 7742 points. Check Sensex gainers and losers

Coal India was the biggest loser in trade and fell 2 per cent after its results disappointed the street. Infosys also lost ground and was down 2 per cent, as investors feared that business from Europe may take a hit, due to to the tensions in the region.

Jindal Steel fell after the company reported a net loss for the quarter ending Sept 30, 2015. The stock was down almost 2 per cent in trade.

The one sector that saw good buying support was the PSU banking space. Shares in Oriental Bank and Punjab National Bank were up ore than one per cent each, while State Bank of India and Canara Bank were up half a per cent each.

The mid cap index was virtually unchanged over Friday's levels, though Oil India fell a huge 6 per cent in trade. Eros International Media was locked at the lower end of the circuit filter for the second straight day.

GoodReturns.in

Read more about: sensex, nifty, canara bank
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