Pharma, Realty and Auto sectors opened flat on NSE. IT sector is showing weakness. Heavyweight stocks from IT sector, TCS, Infosys and Wipro are pulling the IT index down.
The Metal index is trading at Rs 11734.51, and is down by 71.71 or 0.61%, in Monday's opening session. Hindalco is the major stock dragging the index down, and is contributing 25% to index losses.
Hindalco is down by 1.10%, Vedanta Steel is down by 0.83%, Hindustan Zinc is down by 0.73%, Tata Steel is down by 0.72% and National Aluminium is down by 0.57%.
Telecom stocks are soaring on bourses due to possibilities of some major mergers among the industry players.
Idea Cellular is up by 7.5%, Bharti Airtel by 3.51%, Tata Communication is up by 2.52%, TTML is up by 2.38% and Reliance Communication is up by 2.27%.
At 10:00 AM, the S&P BSE Sensex is trading at 27864.59 down 16.71 points, while NSE Nifty is trading at 8632.45 down 8.80 points. A total of 36 stocks registered a fresh 52-week high in trade today, while 10 stocks touched a new 52-week low on the NSE.
The BSE Mid-cap Index is trading down 0.05% at 12958.21, whereas BSE Small-cap Index is trading down 0.10% at 13099.21.
Some buying activity is seen in FMCG, Healthcare, Telecom and Capital Goods while Oil & Gas, Energy, Finance are showing weakness on BSE.
Idea, Bharti Airtel, SUNPHARMA, GRASIM and LT are among the gainers, whereas Wipro, NTPC, Hindalco, Tata Steel and BPCL are losing sheen on NSE in the first trading hour.
The INDIA VIX is up 2.99% at 16.48.
The Metal index is trading at Rs 11734.51, and is down by 71.71 or 0.61%, in Monday's opening session. Hindalco is the major stock dragging the index down, and is contributing 25% to index losses.
Hindalco is down by 1.10%, Vedanta Steel is down by 0.83%, Hindustan Zinc is down by 0.73%, Tata Steel is down by 0.72% and National Aluminium is down by 0.57%.
Telecom stocks are soaring on bourses due to possibilities of some major mergers among the industry players.
Idea Cellular is up by 7.5%, Bharti Airtel by 3.51%, Tata Communication is up by 2.52%, TTML is up by 2.38% and Reliance Communication is up by 2.27%.
At 10:00 AM, the S&P BSE Sensex is trading at 27864.59 down 16.71 points, while NSE Nifty is trading at 8632.45 down 8.80 points. A total of 36 stocks registered a fresh 52-week high in trade today, while 10 stocks touched a new 52-week low on the NSE.
The BSE Mid-cap Index is trading down 0.05% at 12958.21, whereas BSE Small-cap Index is trading down 0.10% at 13099.21.
Some buying activity is seen in FMCG, Healthcare, Telecom and Capital Goods while Oil & Gas, Energy, Finance are showing weakness on BSE.
Idea, Bharti Airtel, SUNPHARMA, GRASIM and LT are among the gainers, whereas Wipro, NTPC, Hindalco, Tata Steel and BPCL are losing sheen on NSE in the first trading hour.
The INDIA VIX is up 2.99% at 16.48.
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