Nifty opens below 10,950, Sensex falls 200 pts; Bharti Airtel gains 2%

Trends on SGX Nifty indicate a negative opening for the broader indices in India

Another weak start for the market on August 2 as benchmark indices are trading lower with Nifty below 10,950 level.

The Sensex is down 191.90 points or 0.52% at 36826.42, and the Nifty down 55.60 points or 0.51% at 10924.40. About 170 shares have advanced, 512 shares declined, and 25 shares are unchanged. 

Ashok Leyland, JSW Steel, Tata Steel, JSPL, Vodafone Idea, HDFL, Vedanta, Hindalco, Bandhan Bank, Godrej Consumer, Apollo Tyres, Hero Moto, Eicher Motors, Tata Motors, IndusInd Bank, ICICI Bank are among major losers on the indices, while gainers are Bharti Airtel, IOC, HPCL, BPCL and Infosys.

All the sectoral indices are trading in the red led by the metal, auto, infra, FMCG, energy and pharma.

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