Key equity indices Sensex and Nifty lurched lower sharply in opening deals on Monday, tracking weakness in global markets.

A nearly 380 points fall in the Sensex index came in the wake of a sharp selloff in US stocks as concerns about the health of the world economy spooked investors.

Around 9:20 am, the BSE Sensex was 375 points, or 0.98 per cent, down at 37,790, with only three stocks in the green and 28 in the red.

The Nifty pack was 108 points, or 0.95 per cent down at 11,348, with seven stocks advancing and 43 declining. Midcaps and smallcaps also crumbled as the BSE Midcap and Smallcap indices were 0.93 per cent and 0.87 per cent down, respectively, around that time.

All the sectoral indices are trading in red led by PSU bank, pharma, metal, auto, FMCG and energy.

Mar 25, 10:19 AM (IST)
Rupee Update: The Indian rupee has extended its morning losses and trading lower by 16 paise at 69.11 per dollar versus Friday’s close 68.95.

Mar 25, 10:08 AM (IST)
L&T bags orders: The construction arm of L&T has secured orders from prestigious clients across different states in India.

Mar 25, 09:39 AM (IST)
Buzzing: Shares of Tata Motors slipped 2 percent in the early trade on Monday as company is going to increase the prices of its passenger vehicles from April.

Mar 25, 09:19 AM (IST)
Market Opens: It is weak start for the Indian indices on Monday with Nifty below 11,400 level.

At 09:16 hrs IST, the Sensex is down 323.35 points at 37841.26, while Nifty is down 92 points at 11,364.90. About 224 shares have advanced, 562 shares declined, and 46 shares are unchanged.

Godrej Properties, Voltas, Jet Airways, Vedanta, Tata Motors, Hindalco, Yes Bank, JSW Steel, DLF, Sobha, Godrej Properties, Zee Entertainment, RIL, ICICI Bank, are among major gaienrs on the indices, while losers are IOC, Coal India, Dhampur Sugar and Balrampur Chini.

All the sectoral indices are trading in red led by PSU bank, pharma, metal, auto, FMCG and energy.

source: moneycontrol.com