Sensex, Nifty open marginally weak; Cairn India drops 4%

Posted By:
Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Sensex, Nifty open marginally weak; Cairn India drops 4%
    Indices
    The Sensex and the Nifty opened the day marginally weak with Cairn India falling as much as 4 per cent in early trade after the company's Q1 results were a huge disappointment.

    Wipro was trading higher ahead of its results to be declared later today. Other notable Sensex winners were Maruti Suzuki, Tata Power, ONGC and ITC.

    Early Nifty losers in trade were ICICI Bank, Larsen and Toubro and Reliance Industries. L&T Finance Holdings fell after its results came worse than expected. The stock was down almost 2 per cent in early trade.

    Mid cap stocks also saw some selling pressure with notable losers being Syndicate Bank, NHPC, IFCI, Voltas, Sun TV Network and Oracle.

    TVS motors was trading steady ahead of its results to be declared later today. Banking stocks which have been in the limelight for the last few trading sessions were trading lower. Notable losers from the space were ICICI Bank, HDFC Bank, Yes Bank and Bank of Baroda. Realty stocks also saw some selling pressure with Sobha Developers and Oberoi Realty dropping almost one per cent in trade.

    Meanwhile, markets across Asia were trading marginally higher in trade with the Shanghai Composite and the Japanese Nikkei trading with gains.

    GoodReturns.in

    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more