Markets have dropped in the beginning trades in line with the fall in the Asian and the US markets. The Nifty index has also fallen lower than the 4350 levels. 20 stocks are on the lower side and 10 are on the higher side among the 30-components of Sensex.
ONGC, HDFC Bank, Infosys, ICICI Bank and Sterlite are chief slackers. HDFC, Bharti, Reliance Industries, L&T and BHEL are among the chief earners.
The BSE 30-share was low with 67 points and the NSE was low with 25 points at 10:00 am IST.
Asian markets have bounced back after opening on a pessimistic gap down. The Nikkei index recuperated almost 54 points and the Hang Seng index recuperated almost 187 points after seeing an intra-day down of 9,691.
The Hang Seng index was low 0.3%, the Nikkei index was low 1%, and Straits Times was low 0.7%. Kospi fell 0.3% and Australia’s S&P/ASX was low 1.3%.