Tata Steel, Vedanta, Sun Pharma, Lupin and Indiabulls Housing were under pressure. BHEL gave up yesterday’s gains, down nearly 3 percent.

The BSE Sensex and NSE Nifty opened lower on Friday as Asian shares fell after North Korea fired another missile over Japan into the Pacific Ocean. The Indian rupee opened little changed against the US dollar.

North Korea fired a missile that flew over Japan’s northern Hokkaido far out into the Pacific Ocean, South Korean and Japanese officials said, further ratcheting up tensions after Pyongyang’s recent test of its most powerful nuclear bomb, Reuters reported. The launch came just days after the UN Security Council approved new sanctions against Pyongyang for its 3 September nuclear test.

The shares of Coal India, Adani Ports and ONGC rose, while the shares of Asian Paints, Axis Bank and Tata Motors fell in the morning hours. Here are the latest updates from the market:  Share price of Ujaas Energy advanced 10 percent in early trade today on the back orders win.

The company has received letter of award of contract from WBREDA (West Bengal Renewable Energy Development Agency) for installation and commissioning of 150 rooftop grid connected solar PV power plants each in array capacity of 10Kwp at various locations of West Bengal.

The company also received letter of award from Oil India for EPC contract for solar energy generation project of 500 KW at pump station of Oil India at Jorhat in the state of Assam.

It has received letter of allocation from SECI for an aggregate capacity of 20.03 MW for implementation of grid connected rooftop solar PV system scheme for government building in different states/union territory of India.

source: livemint.com