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Indian markets opened lower in line with other Asian markets
TIWN
TIWN
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Mumbai, July 20 (TIWN) Profit booking subdued India's equity markets during the morning trade session on Monday.
Sectorally, IT, Pharma and Realty sectors moved up while Banking, Financials and Metal sectors slipped. Consequently, the BSE Sensex traded at 52,761.74 points, at 11.20 a.m., lower by 378.32 points or 0.71 per cent from its previous close. The Nifty50 on the National Stock Exchange traded at 15,822.20, lower by 101.20 points or 0.64 per cent from its previous close.
"Indian markets opened lower in line with other Asian markets, but recovered some of the opening losses by mid morning. New listings GR Infra and Clean Science had a dream debut," said Deepak Jasani- Head of Retail Research at HDFC Securities.
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