Only IT and Teck gain, while FMCG, Healthcare, Capital Goods, Consumer Durables, Power, Bankex, Oil & Gas, Metal and Realty lose sheen
At 9:20 AM (IST), the Sensex is trading 171 points down at 19,324, while Nifty is 67 points down at 5,800.
BSE Mid cap declines 34 points to 5,957, while BSE Small Cap is trading 10 points down at 5,681.
Infosys, Wipro and TCS are leading, whereas Tata Motors, Hindalco, Sterlite, ICICI Bank, Jindal Steel, ONGC, SBI, RIL, Tata Steel, BHEL, HDFC, Bharti Airtel, L&T and Bajaj Auto are seeing some weakness.
Only BSE IT and Teck are the gainers, whereas FMCG, Healthcare, Capital Goods, Consumer Durables, Power, Bankex, Oil & Gas, Metal and Realty are the losers.
Japan's Nikkei 225 Index at 93 points up at 14,403 and Hong Kong's Hang Seng Index is 397 points down at 20,457.
Reliance Communications (RCom) is set to demerge the company’s real estate assets. A new company, Reliance Properties Ltd (RPL), would be spun off to unlock value. RPL will be listed separately and the existing shareholders will get one RPL share for each RCom share (of Rs 130 market price) held. RCom rises 5.94% to Rs. 143.
At 9:20 AM (IST), the Sensex is trading 171 points down at 19,324, while Nifty is 67 points down at 5,800.
BSE Mid cap declines 34 points to 5,957, while BSE Small Cap is trading 10 points down at 5,681.
Infosys, Wipro and TCS are leading, whereas Tata Motors, Hindalco, Sterlite, ICICI Bank, Jindal Steel, ONGC, SBI, RIL, Tata Steel, BHEL, HDFC, Bharti Airtel, L&T and Bajaj Auto are seeing some weakness.
Only BSE IT and Teck are the gainers, whereas FMCG, Healthcare, Capital Goods, Consumer Durables, Power, Bankex, Oil & Gas, Metal and Realty are the losers.
Japan's Nikkei 225 Index at 93 points up at 14,403 and Hong Kong's Hang Seng Index is 397 points down at 20,457.
Reliance Communications (RCom) is set to demerge the company’s real estate assets. A new company, Reliance Properties Ltd (RPL), would be spun off to unlock value. RPL will be listed separately and the existing shareholders will get one RPL share for each RCom share (of Rs 130 market price) held. RCom rises 5.94% to Rs. 143.
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