The market opened lower on
Friday following weakness in global peers. The Sensex fell 126.80 points to
28342.87 and the Nifty declined 43.30 points to 8591.35.
About 470 shares have
advanced, 576 shares declined, and 107 shares are unchanged on the BSE.
Wipro, Sun Pharma, Tata
Power, Coal India, Cipla, Lupin and Dr Reddy's Labs gained 0.5-1 percent.
However, NTPC tanked 7 percent as the stock adjusted for debentures bonus
issue. Tata Motors, HDFC, M&M, GAIL and Grasim lost 0.7-1.5 percent.
The Indian rupee opened flat at 62.51 per
dollar today against previous day's closing value of 62.52 a dollar.
The dollar rose
broadly as investors remain bullish on the greenback, it is currently above the
99 mark.
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SELL WOCKHARDT
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