9.20 AM: After hitting record highs in the previous session, it is gap down opening for the Indian indices

Market Opens: After hitting record highs in the previous session, it is gap down opening for the Indian indices on June 4 with Nifty around 12,050.

At 09:16 hrs IST, the Sensex is down 132.09 points or 0.33% at 40135.53, and the Nifty down 37.30 points or 0.31% at 12051.20. About 300 shares have advanced, 325 shares declined, and 38 shares are unchanged.

Wipro, Dr Reddy’s Lab, Wipro, Indiabulls Housing, PFC, NTPC, L&T, ITC and Titan are some of major gainers on the indices, while losers are TCS, Zee Entertainment, ICICI Bank, Axis Bank HCL Tech, BPCL and HPCL.

Among sectors, except infra and pharma all other indices are trading lower.

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