Sensex, Nifty open low on mixed global cues; Nestle, HDFC drag
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The stock markets opened on a flat note as indicated by SGX Nifty. At 09:16 AM, the Sensex was down 54.17 points or 0.10 percent at 52420.59, and the Nifty was down 39.40 points or 0.25 percent at 15760. The Nifty Metal index was in red, down 1.3 percent. The BSE MidCap index slipped over 1 percent.
#CNBCTV18Market | Market opens Monday trade with minor cuts. #Nifty below 15,800 & #Sensex down more than 100 points pic.twitter.com/AWcnYfG70k CNBC-TV18 (@CNBCTV18Live) June 14, 2021
Equity benchmark Sensex dropped over 185 points in early trade on Monday, tracking losses in index-heavyweights HDFC twins, ICICI Bank, SBI and Bajaj Finance. Tge broader NSE Nifty fell 80.65 points or 0.51 percent to 15,718.70.
SGX Nifty indicates negative opening for indices; DLF shares to delist today
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Trends on SGX Nifty indicate a negative opening for the indices. The Nifty futures were trading at 15,760 on the Singaporean Exchange.
At 09:02 IST, the Sensex was up 143.62 points or 0.27 percent at 52618.38, and the Nifty was down 23.00 points or 0.15 percent at 15776.40.
DFL Shares will be delisted from stock exchanges post-acquisition by Piramal Capital and Housing Finance. As part of the Resolution Plan, the equity shares of the Company are proposed to be delisted, DHFL said in an exchange filing.
Mohit Nigam, Head, PMS - Hem Securities, said the benchmark Indices are expected to open on a subdued note on Monday on account of global cues. In the coming week, the market will first react to April s industrial output data, quarterly Results and US Fed interest rate decision along with Fed commentary (16th June). Expect positive sentiment in the market on account of consistent decline in f
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