Indian equity started the first trade of the week on a negative note following weak global cues post disappointing jobs report. The Nifty has tested the 5500 level in early trade and was hovering around the same level.
Among frontliners, Cairn, M&M, Tata Motors, Maruti Suzuki, Bajaj Auto, ONGC, Ambuja Cements, Jaiprakash Associates, Reliance Infrastructure, SBI and ICICI Bank were pulling the markets down.
However, Sun Pharma, Reliance Power, HUL, HDFC, Reliance Communications were supporting the benchmarks. At 9:18 hours IST, the 30-share BSE Sensex was trading at 18,346, down 30 points and NSE Nifty fell 14 points to 5,503.
However, Sun Pharma, Reliance Power, HUL, HDFC, Reliance Communications were supporting the benchmarks. At 9:18 hours IST, the 30-share BSE Sensex was trading at 18,346, down 30 points and NSE Nifty fell 14 points to 5,503.
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