Mumbai: The markets opened on weak note on Thursday taking cues from the global markets. Heavy selling was seen in the opening trade today led by the IT, cap good stocks.
At 0956 hrs, IST, the Sensex was down 307 points at 18962 and Nifty was down 126 points at 5655. Major losers in the early trade were Rel Petroelum, Sterlite, SBI, HDFC Bank, Wipro, ACC, Bharti, Maruti, Satyam and Infosys.
Asian markets plunged today. Hong Kong's Hang Seng tumbled 2.74% or 812.63 points at 28,896.30, Japan's Nikkei fell 2.32% or 372.71 points at 15,723.97, Taiwan's Taiwan Weighted plunged 2.96% or 275.41 points at 9,024.81, Singapore's Straits Times was down 0.27% or 10.09 points at 3,673.01 and South Korea's Seoul Composite declined 1.82% or 37.23 points at 2,005.96.
US markets: The Dow fell 360.92 points, or 2.64%, to 13,300.02. The Standard & Poor's 500 index fell 44.65 points, or 2.94%, to 1,475.62- moving below the 1,500 benchmark. The Nasdaq composite index fell 76.42 points, or 2.70%, to 2,748.76.
Market cues:
* FIIs net buy USD 1.3 million in equity on Nov 6
* MFs net buy Rs 63.2 crore in equity on Nov 6
* NSE F&O Open Interest down by Rs 647 crore at Rs 91,632 crore
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