Mumbai, Nov 5 (IANS) Indian capital markets opened flat Monday. The markets lost ground on account of selling in oil and gas, auto and FMCG stocks. However, realty, metal and capital goods stocks were holding up firmly.
At 10.45 a.m., the sensitive index of the Bombay Stock Exchange (BSE) was down by 78.94 points or 0.40 percent at 19,897.29, and the broader S&P CNX Nifty of the National Stock Exchange (NSE) was trading flat at 5,932.35.
About 1,776 shares advanced, 1,178 shares declined, and 107 shares remained unchanged unchanged at the start of the week’s trading session.
The breadth of the market looked positive with nearly 750 stocks on the advancing side and about 325 stocks on the declining side on NSE. The rupee was quoted at 39.34 against the US dollar.
Most Asian markets declined on opening Monday. Hong Kong’s Hang Seng fell 0.69 percent or 209.94 points to 30,258.40, Japan’s Nikkei fell 0.94 percent or 154.84 points to 16,362.64, Taiwan’s Taiwan Weighted declined 0.92 percent or 84.88 points to 9,188.21, Singapore’s Straits Times was down by 0.40 percent or 14.81 points at 3,700.51 and South Korea’s Seoul Composite fell 0.33 percent or 6.72 points to 2,012.62.
Major gainers in the Indian markets included PNB at Rs.565.10 up by 4.32 percent, VSNL at Rs.528.50 surging 3.57 percent and Reliance Petroleum at Rs.276.90 up by 2.71 percent.
Big losers included ONGC at Rs.1,321.90 down by 3.25 percent, ICICI Bank at Rs.1,297.95 down by 2.66 percent and HDFC Bank at Rs.1,733.90 down by 2.07 percent.