Sensex, Nifty flat; Sun Pharma tanks 11%, HCL Tech slips 7%

Nifty Futures Tips

The market has opened in red once again. The Sensex is down 50.65 points at 27835.56, and the Nifty is down 26.55 points at 8421.55. About 369 shares have advanced, 263 shares declined, and 87 shares are unchanged.

Sun Pharma loses 9 percent while HCL Tech is also down 9 percent. Wipro, HDFC, Cipla and Tata Motors are major laggards. Coal India, BHEL, Tata Steel, Sesa Sterlite and Reliance are top gainers in the Sensex.

The Indian rupee continues to slide, opening lower by 23 paise at 63.14 per dollar against its previous close of 62.91.

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