Business Standard

Sensex weak in early trades

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BS Reporter Mumbai

The Sensex today opened at 16,808 on the back of weakness in global markets. The index slipped to a low of 16,706 and is now at 16,621, down 118 points.

The NSE Nifty is at 4,932, down 38 points.

Wipro has soared 3.5% to Rs 612 on the back of a 19% jump in consolidated jump in net profit. Tata Motors has advanced 3% to Rs 556. Grasim Industries and Sun Pharma are up over 1% each.

Metal stocks - Hindalco and Sterlite are the major losers so far on the BSE, down 3% each at Rs 132 and Rs 799, respectively.

 

Reliance Communications and Tata Steel have dropped 2.5% each to Rs 218 and Rs 528, respectively. Jaiprakash Associates, DLF and Tata Power are down 2% each.

The other losers include Reliance Infrastructure, ITC, Bharti Airtel and ICICI Bank.

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First Published: Oct 27 2009 | 10:07 AM IST

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