The market has opened flat. The Sensex is down 9.19 points at 28058.12 and the Nifty is up 11.40 points at 8529.95.
About 451 shares have advanced, 216 shares declined, and 78 shares are unchanged. Hindalco, SBI, Sun Pharma, Wipro and Tata Steel are top gainers in the Sensex. Among the losers are Dr Reddy's Labs, Tata Motors, Hero, L&T and ONGC.
The Indian rupee slipped in the early trade. It has opened lower by 10 paise at 65.10 per dollar versus 65 Friday.
The Sensex is down 301.25 points or 1 percent at 27766.06 and the Nifty is down 79.95 points or 0.9 percent at 8438.60. About 622 shares have advanced, 825 shares declined, and 80 shares are unchanged. Cipla loses 4 percent while Vedanta and Hindalco are down 3 percent. Tata Motors and ONGC are among major losers in the Sensex.
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