Tracking weak global cues on the back of a selloff, the market on Thursday opened on a negative note.
The Sensex was down 133.62 points at 30525.15, while the Nifty fell 48.15 points at 9477.60. The market breadth was negative as 193 shares advanced against a decline of 734 shares, while 37 shares were unchanged.
Hero MotoCorp, Dr Reddy’s, Hindalco and Adani Ports were the top losers on both indices, while Wipro, TCS and HDFC gained the most.
All major indices on the Nifty—midcaps, IT, pharma, auto and energy, others—were trading lower, driving the consolidation.
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