Mkts open weak in line

The markets opened with gap down today on the back of weak cues from the Asian markets. There was heavy selling witnessed across the sectors in the early trade. Religare got listed on the bourses today at Rs 324 versus its issue price of Rs 185.

At 9:56 am, Sensex was down 83 points at 19197 and Nifty was down 26 points at 5754. Major losers in the early trade were ACC, SAIL, NTPC, L&T, Hindalco, Tata Steel, Suzlon, Bharti Airtel, Reliance, Bajaj Auto, Tata Motors, Infosys and SBI.

Asian markets fell today. Hong Kong's Hang Seng tumbled 2.58% or 717.15 points at 27,054.06, Japan's Nikkei fell 1.29% or 196.09 points at 15,015.43, Singapore's Straits Times slipped 1.29% or 44.52 points at 3,393.75, Taiwan's Taiwan Weighted dropped 0.38% or 33.25 points at 8,647.61 and South Korea's Seoul Composite plunged 1.19% pr 22.23 points at 1,850.01
US markets: The Dow Jones industrial average gained 51.70 points, or 0.04%, to 13,010.14.