Nifty below 8800, Sensex weak; banks drag, Coal India down

Nifty Futures Tips

The Sensex is down 62.01 points at 29120.94 and the Nifty slips 10.95 points at 8797.95. About 495 shares have advanced, 312 shares declined, and 168 shares are unchanged.

Coal India is down over 2 percent, while Dr Reddy's Labs, ICICI Bank, SBI and HDFC Bank are losers in the Sensex. Among the gainers are Sun Pharma, ONGC, Wipro, Tata Power and Sesa Sterlite.

The Indian rupee opened lower by 13 paise at 61.99 per dollar versus Friday's closing value of 61.86 a dollar.

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