New Delhi: The markets have opened lower and broken its five-day winning streak due to profit booking and weak global cues. Selling pressure has seen in power, auto, banks and technology stocks.
HDFC Bank, RIL, Wipro, Satyam, Infosys, Tata Power, Reliance Energy, Hero Honda, Tata Motors, L&T, Maruti,Zee Enter, GAIL, Bharti Airtel.
At 09:56 hrs (IST), the Sensex was down 136 points at 16602 and the Nifty down 38 points at 4,998. However, the CNX Midcap was up 0.25 points at 6,838.
Motilia up 3.5 per cent TCS down 7 per cent.
Asian markets were trading weak. Japan's Nikkei slipped 1.12 per cent or 153.74 points at 13,542.81. Hong Kong's Hang Seng tumbled 0.99 per cent or 245.38 points at 24,476.29.
Taiwan's Taiwan Weighted fell 0.67 per cent or 61.05 points at 9,022.27. Singapore's Straits Times declined 0.41 per cent or 13.11 points at 3,157.98. South Korea's Seoul Composite was down 0.49 per cent or 8.90 points at 1,791.58.
US markets closed mixed as quarterly results from Bank of America fueled worries about bank earnings, while energy and tech gained.
The Dow Jones industrial average slipped 24.34 points, or 0.19 per cent, to 12,825.02. The Nasdaq composite index gained 5.07 points, or 0.21 per cent, to 2,408.04.
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