The Indian market opens for trade the first day of a new week on a soft note. On Friday, the US markets ended mixed with the Dow down 2 and Nasdaq up 7 odd points while Asia is in the green at this hour.
Sensex is trading at 17858, down 64 points from its previous close, and Nifty is at 5405, down 23 points. CNX Midcap index is down 0.6% andBSE Smallcap index is down 0.1%.
I C I C I Bank contributed fall of 17.39 points in the Sensex. It was followed by Infosys (14.95 points), State Bank Of India (12.84 points), Larsen & Toubro (11.26 points) and Tata Motors (5.21 points).
However, Sterlite Industries (India) contributed rise of 6.7 points in the Sensex. It was followed by Reliance Industries (3.38 points), I T C (3.15 points), Hindustan Unilever (1.59 points) and Sun Pharmaceutical Industries (0.27 points).
Biggest gainers in the 30-share index were Sterlite Industries (India) (2.82%), Hindustan Unilever (0.32%), Coal India (0.31%), I T C (0.24%), Reliance Industries (0.20%), and Sun Pharmaceutical Industries (0.10%).
On the other hand, Hero Honda Motors (1.94%), State Bank Of India (1.58%), D L F (1.52%), Bharat Heavy Electricals (1.43%), I C I C I Bank (1.30%), and Hindalco Industries (1.25%) were the biggest losers in the Sensex.
-BUY State Bank of India Intraday Target 2,490 Stop Loss 2,160.
-BUY YES Bank Ltd. Intraday Target 336 Stop Loss 321.
-BUY Hindustan Unilever Ltd. Intraday Target 397 Stop Loss 389.
-BUY Maruti Suzuki India Ltd. Intraday Target 1,290 Stop Loss 1,255.
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