Weak Markets: Sensex, Nifty Face Morning Blues

20/07/2015 11:41 AM IST | Updated 15/07/2016 8:25 AM IST
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A man watches sensex on a display screen on the facade of the the Bombay Stock Exchange (BSE) building in Mumbai , India, Monday Feb. 17, 2014. India's Finance Minister P. Chidambaram has unveiled a conservative budget for the government’s remaining time in office through May in parliament. (AP Photo/Rafiq Maqbool)

Stock markets have opened to dampened enthusiasm since morning, with the Sensex losing nearly 100 points and the Nifty 33 points.

This was however expected with the Economic Times warning that market sentiment would be muted with Parliament on Tuesday expected to get on to a stormy start and key legislation, such as the land acquisition bill and the goods and services tax bill, expected to run into significant opposition fire.

Moreover the depressed sentiment may further point to low expectations from Reliance Industries, Infosys and HDFC, who are expected to announce earnings results later this week.

Top Gainers

BHARTI AIRTEL (1.2%), HERO MOTOCORP (0.8%), DR. REDDYS LAB (0.7%), HINDALCO (0.6%), M&M (0.5%)

Top Losers

AXIS BANK (-1.5%), HDFC (-1.2%), TATA MOTORS (-1.2%), INFOSYS LTD (-1.2%), BHEL (-1.0%)

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