Nifty down 150 , Sensex more than 500 points in early trade

Sensex soared over 900 points in opening trade tracking heavy buying at ICICI Bank, Infosys, HDFC twins and Reliance Industries amid rally in global stocks.
NIFTY, Sensex

Indian market open the day in red with NIFTY is trading -164.495 (-1.81%) points down .Sensex is trading at 30,612.34 with cut of 547.28 points (-1.76%).L & T gain on bagging new order, while Zee entertainment is top loser.

Zee entertainment, Automobile stocks (Maruti, M & M) and Bajaj finance are the top losers in Index nifty losing between 6 to 10 per cent.While Dr Reddy’s and Bharti Airtel is top gainer.

In Sensex most of the counters are trading in the red. Fall in the Sensex is led by Bajaj Finance, M & M and Maruti.

BSE Sensex

LT stock is trading marginally up as company secure another big contract in recent days.As per data submitted to the exchange, Water and Effluent Treatment Business of L & T Construction has secured three Engineering Procurement Construction (EPC) Water Management orders from the Karnataka Urban Infrastructure Development and Finance Corporation (KUIDFC).

Most of the asian market are trading slightly lower.

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