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The market has opened lower dragged by weak global cues. The Sensex is down 50.61 points or 0.2 percebt at 25768.73, and the Nifty is down 9.70 points or 0.1 percent at 7839.55. About 351 shares have advanced, 202 shares declined, and 47 shares are unchanged. Maruti, Tata Steel, ICICI Bank, Hindalco and Bharti Airtel are major losers while GAIL, Wipro, HDFC twins, Hero are gainers in the Sensex.
Selling pressure was visible in banking, oil & gas, IT, healthcare, FMCG and auto stocks. At the same time, some buying interest was seen in select realty, metal and power stocks.From the Nifty-50 basket of stocks, 28 stocks were declining while 22 were advancing.
I-T detects over Rs 3,185 crore black income; seizes Rs 86 crore new notes.
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