Sensex, Nifty open in red; Axis Bank falls 4%, Bharti gains -- 27 April 2016

The market has opened lower as the Sensex is down 86.39 points or 0.3 percent at 25920.91. The Nifty is down 20.95 points or 0.3 percent at 7941.70. About 279 shares have advanced, 121 shares declined, and 31 shares are unchanged. 

                                       

Bharti Airtel, ONGC, Adani Ports, Coal India and BHEL are top gainers while Axis Bank, ICICI Bank, M&M, Maruti and Dr Reddy's Labs are losers in the Sensex.

The Indian rupee has opened at 66.52 per dollar, up 0.04 percent or 0.02 on Wednesday.

The 30-share index was trading at 25,995, down 12 point or 0.05 per cent. It touched a high of 25,996.32 and a low of 25,885.24 in morning trade. 

The Nifty50 was trading at 7,968 up 5 points or 0.07 per cent. It touched a high of 7,971 and a low of 7,940.55 in the first 30 minutes of trade. 

The S&P BSE Midcap Index was up 0.41 per cent and BSE S&P Smallcap Index was trading 0.31 per cent higher. 

ONGC (up 1.6 per cent), Bharti AirtelBSE 1.01 % (up 1.3 per cent), Tata Steel (up 0.7 per cent), Tata Motors (up 0.58 per cent), and Hero MotoCorp (up 0.37 per cent), were the major Sensex gainers. 

Axis Bank (down 3 per cent), ICICI Bank (down 2 per cent), Lupin (down 1.03 per cent) and HDFC (down 0.7 per cent) were the only Sensex losers. 

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