Equity benchmark indices started Monday’s trading session on a tepid note amid subdued cues from the Asian peers.
Equity benchmark indices started Monday’s trading session on a tepid note amid subdued cues from the Asian peers.
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The S&P BSE Sensex opened 46 points lower at 71,437, and soon tumbles 300 points to 71,194. The NSE Nifty 50 slips below 21,400 level.
In the broader market, Zee Entertainment slipped nearly 4 per cent following reports that the company has sought an extension for the proposed merger with Sony India.
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Inox India and Siyaram Recycling IPOs to close for subscription today. Suraj Estate Developers, Motisons Jewellers India and Muthoot MicroFin maiden share sale open today.
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Global Cues
Meanwhile, in Asia this morning, Japan’s Nikkei was down over 1 per cent a day ahead of Bank of Japan’s monetary policy decision. Hang Seng too was down nearly 1 per cent, while Shanghai and Kospi slipped around 0.5 per cent each.
