The markets have opened soft. The Sensex is quoting at 15896, lower by 38 points, and the Nifty is at 4749, lower by 10 points.
The US markets had a weak day; Dow shed 103 points and Nasdaq lost 15 points. And the Asian markets are mixed; Hang Seng opened stronger by 92 points, while Nikkei shed 44 points.
The top losers on the Sensex are ICICI Bank (weaker by Rs 9 or 1.1% at Rs 796), Hero Honda (down Rs 16 or 1% at Rs 1567) and HDFC (lower by Rs 23 or 0.9% at Rs 2375). Index heavyweight, Reliance has shed Rs 9 or 0.9% at Rs 986.
On the gainer's side, Hindalco has strengthened by Rs 1 or 1% at Rs 137, Tata Steel has added Rs 4 or 0.8% at Rs 538 and Reliance Communications is up by Rs 1 or 0.5% at Rs 169.
The market breadth is positive. Out of 512 stocks traded on the BSE, there are 326 advancing stocks as against 174 declines.
