Sensex & Nifty started little changed on Tuesday on a flat note with negative bias. At 10.30 am, the BSE Sensex was lower by 15.68 points at 33,708.76, while the NSE Nifty 50 fell 3.30 points to 10,396.25.
Shares of Reliance Communications (RCom) fell 7 percent after China Dev Bank has become the first lender to charge a case against Reliance Communications under the Insolvency & Bankruptcy Code
Shares of Eris Life sciences gain on outperform by 3.5% after brokerage firm Credit Suisse has initiated outperform rating with a price target of Rs. 770 a share.
The Indian rupee followed the stock market trend, dropping 7 paise at 64.57 versus the US dollar in the early trade.
Shares of Maruti Suzuki, Cipla, HDFC, Bajaj Auto, Adani Ports and Axis Bank, were the major gainers today in early hours, rising up to 0.7% while Power Grid, ONGC, ITC, NTPC, ICICI Bank, Asian Paints were laggards up to 1.6%.