New Delhi: The markets opened with gap down on Wednesday on the back of weak cues from the Asian markets.
There was heavy selling witnessed across the sectors in the early trade. Religare got listed on the bourses today at Rs 324 versus its issue price of Rs 185.
At 9:56 am, Sensex was down 83 points at 19197 and Nifty was down 26 points at 5754. Major losers in the early trade were ACC, SAIL, NTPC, L&T, Hindalco, Tata Steel, Suzlon, Bharti Airtel, Reliance, Bajaj Auto, Tata Motors, Infosys and SBI.
Asian markets fell on Wednesday. Hong Kong's Hang Seng tumbled 2.58 per cent or 717.15 points at 27,054.06, Japan's Nikkei fell 1.29 per cent or 196.09 points at 15,015.43, Singapore's Straits Times slipped 1.29 per cent or 44.52 points at 3,393.75, Taiwan's Taiwan Weighted dropped 0.38 per cent or 33.25 points at 8,647.61 and South Korea's Seoul Composite plunged 1.19 per cent pr 22.23 points at 1,850.01.
US markets:
The Dow Jones industrial average gained 51.70 points, or 0.04%, to 13,010.14. The Standard & Poor’s 500 index advanced 6.43 points, or 0.45 per cent, to 1,439.70, and the Nasdaq composite surged 3.43 points, or 0.13 per cent, to 2,596.81.
Market cues:
- STT set to be hiked: FE Report.
- FIIs net sell USD 6.7 million in equity on November 19.
- NSE F&O Open Interest up by Rs 2,693 crore at Rs 1.08 lakh crore.
(With inputs from moneycontrol.com)
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