Market opens: Benchmark indices opened lower on July 2 with Nifty below 11,900 level.
At 09:16 hrs IST, the Sensex is down 47.44 points or 0.12% at 39769.04, and the Nifty down 10.40 points or 0.09% at 11899.90. About 331 shares have advanced, 218 shares declined, and 35 shares are unchanged.
BPCL, IOC, IndusInd Bank, UPL, Asian Paints are among the major gainers on the indices, while losers are Vedanta, Tata Steel, Hindalco, TCS, Tech Mahindra, Bajaj Finance, ONGC, HDFC, Eicher Motors and Indiabulls Housing.
On the sectoral front, IT, metal and FMCG are trading marginally lower, while buying seen in the auto, infra and energy space.