Nifty opens below 11,450, Sensex down about 200 pts; Vedanta slips 2%

Market Opens: It is weak start for the Indian indices on May 8 with Nifty below 11,450.

At 09:17 hrs IST, the Sensex is down 239.22 points at 38037.41, while Nifty is down 65.20 points at 11432.70. About 208 shares have advanced, 451 shares declined, and 31 shares are unchanged. 

Vedanta, Asian Paints, HDFC Bank, Tata Motors, SBI, RIL are among major losers on the indices, while gainers include Zee Entertainment, Gail, IndusInd Bank and Ceat.

All sectoral indices are trading in red led by metal, FMCG, auto, bank, energy, pharma and IT.

Rupee Opens: The Indian rupee opened lower at 69.55 per dollar on Wednesday versus Tuesday's close 69.43.

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Source:https://www.moneycontrol.com/news/business/markets/market-live-nifty-opens-below-11450-sensex-down-about-200-pts-vedanta-slips-2-3945201.html