Stock market opened lower today and IT stocks dragged as US President Donald Trump on Friday pledged to stop companies from abusing the visa process for foreign workers in a way that undermines the labor market for Americans. Sensex dropped 129 points at 26618 while Nifty has lost 53 points at 8208. BSE Small Cap has lost 20 points at 12299, BSE Midcap has declined 73 points at 12462 and Nifty Midcap is 93 points down at 14837. Metals, PSU and Capital Goods Sector are still strugging in the positive zone with minor leads.
Commodity and Currency Market are closed on account of Eid-E-Milad
About 976 shares have advanced, 1104 shares declined and 104 shares are still unchanged.
Gainers: ONGC, Reliance, NTPC, Sun Pharma, Power Grid Corp
Losers: Asian Paints, Grasim, Ambuja Cements, Idea Cellular, BPCL
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