Indian markets open in the red; Sensex down over 1%
The Sensex of the BSE, which opened at 26,468.27 points, was trading at 26,375.85 points (at 9.16 a.m.) in the early session, lower 259.90 points or 0.98 per cent from the previous day`s close at 26,635.75 points.
Indian equity indices on Monday morning opened in red following global cues.
At 10 am, the 30-scrip Sensitive Index (Sensex), was trading 272 points or 1.02% lower during the morning session. The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 72.25 points or 0.89% lower at 8,097.80 points.
On BSE, the top losers were ICICI Bank (2.57%), Tata Steel (1.91%), Hindalco Industries (1.91%), Bank of Baroda (1.88%) and SBI (1.85%).
The Sensex of the BSE, which opened at 26,468.27 points, was trading at 23,364.08 points in the early session, lower 272 points or 1.02% from the previous day`s close at 26,635.75 points.
The Sensex touched a high of 26,468.27 points and a low of 26,372.79 points in the trade so far.