Mkts slip in red, Sensex down 9 pts

New Delhi: The markets have slipped in red after flat but positive opening on Wednesday within few minutes of trade on the back of weak cues from the global markets.

At 9:58 am, Sensex was down nine points at 14121 and Nifty was down five points at 4149.

Major gainers in the opening trade were ICICI Bank, Reliance Industries, Dabur, Tata Steel, Dr Reddy's, Ambuja Cement and Rel Comm. However, SBI, VSNL, ACC, ABB, HDFC, Infosys and SAIL opened weak.

Time Technoplast got listed today on the bourses at Rs 489.

Asian markets: Echoing declines on Wall Street overnight, Asian stocks fell today. Japan's Nikkei tumbled 0.64 per cent or 114.10 points at 17,646.81, Hong Kong's Hang Seng plunged 0.38 per cent or 77.44 points at 20,558.95, South Korea's Seoul Composite declined 0.61 per cent or 10.6 points at 1,719.28, Singapore's Straits Times was down 0.20 per cent or 7.12 points at 3,554.42 and Taiwan's Taiwan Weighted was flat at 8,372.07.

US markets: The Dow Jones industrial average fell 129.95 points, or 0.97 per cent to 13,295.01.

The blue chip index is 381 points, or 2.8 per cent, below its record close of 13,676.32, reached June 4.

The broader stock indexes also declined. The Standard & Poor's 500 index fell 16.12 points, or 1.07 per cent to 1,493.00, while the Nasdaq composite index dropped 22.38 points, or 0.87 per cent, to 2,549.77.

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Market cues:

• FIIs net sell USD 13 mn in equity on June 11.
• MFs net sell Rs 24.9 crore (Rs 249 million) in equity on June 11.
• NSE F&O Open Interest up by Rs 967 crore (Rs 9.67 billion) at Rs 63,717 crore (Rs 637.17 billion).

F&O cues:

• Futures Open Interest up by Rs 250 crore (Rs 2.50 billion); Options Open Interest up by Rs 717 crore (Rs 7.17 billion).
• Nifty Futures add 6.9 lakh shares in Open Interest.
• Nifty Futures discount at eight points.
• Nifty Open Interest Put-Call ratio up to 1.29 from 1.28.
• Nifty Calls add 5.5 lakh shares in Open Interest.
• Nifty Puts add 8.4 lakh shares in Open Interest.
• Nifty 3800 Put adds 2.5 lakh shares in Open Interest.
• Nifty 3700 Put adds 2.3 lakh shares in Open Interest.
• Nifty 4000 Put adds 1.3 lakh shares in Open Interest.

(With agency inputs)