9.20 AM: Weak Start On January 8 for Indian Indices Nifty below 12000 Mark.

Market Opens: It is weak start for the Indian indices on January 8 with Nifty below 12,000 mark on the back of escalation of geopolitical tension and on projection of economy growth of 5 percent for 2019-20.

At 09:16 hrs IST, the Sensex is down 315.68 points or 0.77% at 40553.79, and the Nifty down 100.20 points or 0.83% at 11952.80. About 147 shares have advanced, 577 shares declined, and 24 shares are unchanged.

BPCL, SBI, Vedanta, Hindalco, L&T, Tata Motors, UPL, Coal India, ICICI Bank, HDFC Bank are among major losers on the Indices, while gainers are Yes Bank and Bharti Airtel.

News Source:- Moneycontrol

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