Market Opens: Indian indices are opened flat with negative bias on Thursday with Nifty around 11,700.
At 09:18 hrs IST, the Sensex is down 61.16 points at 38,970.39, while Nifty is down 22.50 points at 11,725.70. About 414 shares have advanced, 445 shares declined, and 59 shares are unchanged.
Yes Bank, Eicher Motors, Jet Airways, IndusInd Bank, Tata Steel, Hindalco, Vedanta, TVS Motor, Maruti Suzuki, HPCL, BPCL are among major lower in the early trade, while gainers are ONGC, IOC, JSW Steel, Britannia HDFC Bank and ITC.
Expect Infra and FMCG, all other sectoral indices are trading in red led by auto, IT, metal and pharma.