Sensex trades lower, Nifty around 10,800; Tata Motors, Infosys major losers
Shares Apollo Micro Systems rose 5 percent in the early trade on Thursday after company bagged an order worth Rs 12.99 crore from Bharat Dynamics a defense public sector undertaking.
Indian indices started the day on a flat note with Nifty trading below 10,850 level.
The Sensex is down 2.76 points at 36105.71, while Nifty is down 2.10 points at 10829.40. About 374 shares have advanced, 306 shares declined, and 29 shares are unchanged.
Bharti Airtel, Bharti Infratel, Vodafone Idea, Hero Motocorp, ITC, Zee Entertainment, Asian Paints are the major gainers, while United Spirits, Pidilite, Interglobe are among major losers. Benchmark indices are trading flat in the pre-opening session with Nifty trading below 10,835.
At 09:02 hrs IST, the Sensex is up 85.85 points or 0.24% at 36194.32, and the Nifty up 4.10 points or 0.04% at 10835.60.source- www.moneycontrol.com
Interglobe Aviation down 10% and Pidilite Industries down 3%, while Bharti Infratel gained 6 percent in pre-opening trade. Wall Street ended slightly higher on Wednesday after a spate of upbeat earnings reports, but lingering concerns about trade tensions and the longest U.S. government shutdown ever limited the advance. Asian shares rose on Thursday after Wall Street managed to end higher, but gains were capped by political uncertainty in the United States and worries about weakening global economic growth.
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