Stock Market
Markets open weak! Sensex slips over 100 points, Nifty falls below 26,150
Mumbai/IBNS: Indian equity benchmarks opened on a weak note on Wednesday, with the BSE Sensex declining over 100 points and the NSE Nifty 50 slipping below the 26,150 mark, media reports said.
Within minutes of the opening bell, the Nifty shed 47 points to trade at 26,132, while the Sensex hovered around 84,953.
Buying interest was seen in technology, pharmaceutical, midcap and consumption-led stocks, providing some support to the broader market.
Meanwhile, banking and real estate stocks emerged as the laggards in early trade.
Among the top early gainers, Happy Square Outsourcing Services Ltd. surged 16.03%, DSJ Keep Learning Ltd. jumped 11.12%, while Embassy Developments Ltd. rose 4.99%.
Shares of Senco Gold climbed 14% after the company announced a robust Q3 business update. In contrast, Meesho stocks declined 5% during the initial phase of trading.
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