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Stock markets open in red, Wipro falls nearly 4 percent

Stock markets open in red, Wipro falls nearly 4 percent

New Delhi: Domestic equity benchmark NSE Nifty and BSE Sensex on Thursday opened in red in early trade dragged down by tech stocks that declined after reports that the United States was mulling caps on H-1B work visas to deter data rules.

At 9:35 am, the BSE S&P Sensex was down by 47 points at 39,977 while the Nifty 50 opened around 11, 650.

Under Nifty, the top losers are Wipro which slipped by – 3.74 percent, Britannia (-2.44 percent), Zee Entertain
(-2.59), Yes Bank (-1.45 percent) and Tech Mahindra (-1.56 percent).

Under Sensex, Yes Bank has been placed at the top of the table with -1.60 percent, IndusInd Bank (-1.52 percent), TCS (-1.20 percent), Maruti Suzuki (-0.91 percent) and Infosys (-0.88 percent).

The Rupee opened stronger at 69.48 per dollar in comparison to yesterday’s close of 69.68 against the US dollar.

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