BSE Sensex is down 48.5 points (0.17 percent) to 27,998 while the NSE Nifty is off 17 points (0.21 percent) to 8,372.
Among key stocks that will remain in news are several that reported quarterly earnings on Friday and on the weekend, such as SBI, Punj Lloyd, Britannia, Reliance Communications and SpiceJet.
HDIL is in news early morning after a key project in Mumbai, Planet HDIL, got the environment ministry nod.
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