Live updates: – Indian stock market opened lower on monday led by lose of infosys. nifty is trading at 8525 or 0.15% while sensex is trading at 28405.77 down 0.18%.
The rupee is trading weaker at 61.93/94 vs Friday’s 61.77/78 close on the back of robust payrolls data.
On the sectoral front, BSE IT index is down 2% followed by Teck, Consumer Durables and Capital Goods indices trading lower between 0.3-1.5%. Bankex, Oil & Gas and Metal indices are trading flat. However, FMCG and Realty indices are up between 0.5-1%.
Drug maker Dr Reddy’s Lab is down 1.61%. However its peer Sun Pharma is up 1.22%.
Coal India is up 2% and is the top gainer.
Bharti Airtel, HUL, BHEL are up between 0.3-1.4%.