Indian Share Market opened marginally lower on Monday tracking weakness in Asian markets and on caution prior to the release of July-September GDP data later this week.
At 10.50 am, BSE Sensex lost 69 points to open at 33,610 whereas NSE Nifty dropped 28.65 points to begin at 10,361. The Indian rupee dropped 9 paise to 64.79 against the dollar in early trade at the interbank foreign exchange.
ONGC, United Phosphorus Ltd, Vedanta Ltd, Hindalco and Tech Mahindra gained the most on Nifty50, while Bharti Airtel, HPCL, Infosys, Adani Ports and Sun Pharma were the top losers.
Shares of Videocon Industries Ltd rose 5 percent to Rs 13.45 after the company announced that it seeks shareholders approval for raising Rs. 2,000 crore via shares.
Shares of Satin Creditcare Network Ltd rose 3 percent to Rs. 400 after the company announced that it will raise fund from promoter, Nordic Microfin, Kora Investment & IndusInd Bank Ltd. by way of equity & convertible preference shares.
Shares of Oil & Natural Gas Corp (ONGC) spiked 2 percent to Rs. 183.30 after rise in crude oil price internationally.