MARKET OPENS
After closing at record highs in Monday’s trade the benchmarks indices opened lower on Tuesday, with the Nifty trading below 11,300 marks and Sensex below 37,400.
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The Sensex is down 100.14 points at 37394.26, and the Nifty down 27.30 points at 11292.20. About 459 shares have advanced, 379 shares declined, and 65 shares are unchanged.
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Axis Bank, Tech Mahindra, ONGC, Lupin, Power Grid, Dr. Reddy's Laboratories are up 0.5-1 percent, while HDFC, ICICI Bank, Adani Port, L&T, Tata Steel are among the major losers.
Avenue Supermart gained 3 percent after reporting stellar June quarter numbers.