Markets flat in opening trades

Markets have opened on a flat note this morning on cues from global peers. The Sensex opened at 20,482 - up six points. The index is now at 20,500 - up 24 points.

Nifty is down seven points at 6,151.

US markets dropped on Monday on a session of profit booking. The Dow slipped 78 points to 10,751. Nasdaq shed over 1% to 2,345.

Sell-off was seen across Asia as well in early trades as Japan's Nikkei hit 3-week low ahead of Bank Of Japan's policy meeting today and the possible impact on the currency markets.

Heavyweights and banking stocks are the major laggards this morning.

Markets have opened soft this morning on cues from global peers. The Sensex opened at 20,482 - up six points. The index is now at 20,462 - down 21 points.

Nifty is up seven points at 6,166.

US markets dropped on Monday on a session of profit booking. The Dow slipped 78 points to 10,751. Nasdaq shed over 1% to 2,345.

Sell-off was seen across Asia as well in early trades as Japan's Nikkei hit 3-week low ahead of Bank Of Japan's policy meeting today and the possible impact on the currency markets.

Heavyweights and banking stocks are the major laggards this morning.

BSE oil & gas index has dropped 0.5% to 10,615. Bankex and FMCG index are also in red.

HDFC has shed 1.3% at Rs 749. ICICI Bank and Hindustan Unilever have dropped around 1% each.

Market heavyweight, Reliance, has slipped 0.5% to Rs 1,012.

Meanwhile, ACC has gained 1% at Rs 1,023. Cipla, Mahindra & Mahindra and BHEL are also trading in green.