 "Markets open flat as auto, realty stocks gain")
Markets have slipped into the red following cues from the global bourses. The Sensex is flat at 18,813 - up around 20 points. Nifty is at 5,667 - up eight points.
U.S. stocks fell Thursday, with technology stocks weighing on the broader market following lackluster earnings from Oracle. The Dow slipped 90 points to 14,421. Nasdaq and S&P shed almost a per cent each.
In Asia this morning, the Nikkei has slumped 1.2% at 12,481 on overseas losses and rise Of Yen. Seoul Composite has also slipped marginally.
However, IT shares have slipped in morning trades. BSE IT index is down 1% at 6,770.
Bajaj Auto has added 1.5% to Rs 1782. Coal India has jumped 1.3% at Rs 303. Jindal Steel, Tata Motors and Tata Power are up in trades.
Bharti Airtel has slumped once again after yesterday's good show. The stock is down 1.8% at Rs 293. Infosys, Cipla, Sun Pharma and TCS are in the red. SBI from teh banking space is down 0.5% at Rs 2,108.
BSE market breadth is weak. Out of 1,334 stocks traded, 768 shares have declined while 515 shares have advanced.
U.S. stocks fell Thursday, with technology stocks weighing on the broader market following lackluster earnings from Oracle. The Dow slipped 90 points to 14,421. Nasdaq and S&P shed almost a per cent each.
In Asia this morning, the Nikkei has slumped 1.2% at 12,481 on overseas losses and rise Of Yen. Seoul Composite has also slipped marginally.
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Auto, banking and metal shares have gained this morning. The auto index has added 0.8% at 10,196. Metal and capuital goods indices are also in the green - up 0.5% each.
However, IT shares have slipped in morning trades. BSE IT index is down 1% at 6,770.
Bajaj Auto has added 1.5% to Rs 1782. Coal India has jumped 1.3% at Rs 303. Jindal Steel, Tata Motors and Tata Power are up in trades.
Bharti Airtel has slumped once again after yesterday's good show. The stock is down 1.8% at Rs 293. Infosys, Cipla, Sun Pharma and TCS are in the red. SBI from teh banking space is down 0.5% at Rs 2,108.
BSE market breadth is weak. Out of 1,334 stocks traded, 768 shares have declined while 515 shares have advanced.
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