Sensex tanks over 200 points, Nifty below 11,000 levels; Tata Steel, IDBI Bank, Hero MotoCorp stocks bleed
The BSE Sensex opened 239 points down at 37,072 levels while the 50-stock Nifty opened 78 points down at 10,950 levels. The Bank Nifty index slipped 288 points to 27,731 levels.
Markets have opened below 11,000 levels but the Sensex is still above 37,000 levels. So, I am expecting some profit booking in the markets and the immediate support for the market is 10,900. Photo: Reuters