The market has opened on a weak note, dragged by weak global cues. The Sensex is down 229.07 points or 0.8 percent at 27121.61 and the Nifty is down 63.35 points or 0.7 percent at 8160.75. About 189 shares have advanced, 484 shares declined, and 34 shares are unchanged.
TCS is down 3 percent while Infosys, Bharti, GAIL and Sesa Sterlite are among the laggards in the Sensex. NTPC is the only gainer in the Sensex.
The Indian rupee declined in the opening trade. It has slipped by 21 paise at 62.50 per dollar against 62.29 Friday.
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