Market Open Flat, top stocks in Action

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Markets start on a flat not for then benchmarks indices on Tuesday, Dec 10.

Meantime, the rupee opened at a high of 70.96/USD vs the previous close of 71.05.

At 09.30-am, the BSE Sensex is down 50 points at 40436.70, while the NSE Nifty down 18 points at 11919-mark.

SunPharma, Cipla, Hindustan Unilever, ONGC, IOC are among major gainers on the Nifty, while Yes Bank, Infratel, TCS, Ultratech Cement and TechMahindra were among top losers. To get Best Stocks to buy tips and the top stock Tips visit our website.

Among sectoral indices of the NSE Nifty only the metal, Pharma and Financial services are trading in the green, whereas the remaining constituents are trading in the red with major selling pressure in IT index which slipped 0.91%, led by losses in Justdial, MindTree, TCS, TATA Elxsi and NIIT Tech were major losers by 1 5o 2% in range.

Among stock buzz, shares of PC Jeweller declined over 3% to Rs.24-per share after the downgrade given by the CRISIL in the long-term & short-term ratings to the Company’s bank loan facilities to a D grade.

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