Markets opened in red on Monday with Nifty slipped below 11,600-marks, amid investors continue monitoring Q4 corporate results.
rupee opened lower by 7ps at 69.29 per USD on Monday against Friday’s
close 69.22. Crude Oil price was declined by over 2pc on Monday, with Brent
crude futures trading at USD69.11-per barrel on Monday.
The Sensex opened
at 38,719.33 and slipped 329 points at 38633-levels at 9.50 am. Meantime
Nifty which opened at 11,605, slipped 96 points at 11616.55.
Motors, Hindalco, Tata Steel, JSW Steel and Yes bank were among major losers on
the Nifty50, on the other hand gainers are BPCL, Wipro, TechMahindra IOC and
the sectoral indices are trading red, except Nifty IT and Pharma, with major
falls in Nifty metal and Bankings.
ICICI Bank, Bharti Airtel, Bharat Bijlee, Mahindra-CIE-Automotive and Wockhardt will announce Jan-March-19 quarterly results today.
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