Stock Market: The stock market opened with a fall, Sensex slipped 430 points, Nifty below 17100
The stock market started with a fall on the third trading day of the week amid weak global cues. The Bombay Stock Exchange's 30-share Sensex opened at 56,926, down 430 points or 0.75 per cent, while the National Stock Exchange's Nifty slipped 116 points or 0.67 per cent to open at 17,085 level.
With the opening of the market, about 772 shares rose, 1203 shares declined and 114 shares remained unchanged. Adani Ports, ONGC, HDFC Life, Apollo Hospitals and Sun Pharma were the major gainers on the Nifty, while Bajaj Finance, L&T, Bajaj Finserv, Grasim Industries and Infosys were among the losers.
Earlier on Tuesday, the stock market closed with strong gains in the last trading session. The BSE Sensex index closed at 57,357, up 777 points or 1.37 per cent, while the NSE Nifty index closed at 17,201 with a gain of 247 points or 1.46 per cent.