9.21 AM: Sensex trades lower, Nifty around 11,900; metal, pharma under pressure

Benchmark indices opened lower on May 29 with Nifty around 11,900 level.

At 09:17 hrs IST, the Sensex is down 47.14 points at 39702.59, while Nifty is down 11.50 points at 11917.30. About 418 shares have advanced, 418 shares declined, and 29 shares are unchanged.

Zee Entertainment, Vedanta, Bharti Airtel, ICICI Bank, SBI and UltraTech Cement are among major losers on the Indices in the opening trade, while gainers are HDFC, TCS, Gail, Eicher Motors, HDFC Bank and L&T.

Among the sectors, except IT and Pharma all other indices are trading lower.

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