Benchmark indices opened marginally weak in early trade tracking volatility on the domestic front and weakness in Asian stocks. At 10.15 am, the barometer index, the BSE Sensex, was down 16.71 points or 0.06% at 28,855.23. The Nifty50 index was down 8 points or 0.09% at 8,916.30. Healthcare & FMCG and stocks plunged in early trade. Investors step ahead of exit polls data for assembly elections in five states to be released later in the day and the poll results will be declared on Saturday, 11 March, 2017.
The broader market was trading flat with BSE Midcap & BSE Smallcap fell 0.1% and 0.03% respectively. About 1,011 shares have advanced while 877 shares declined and there were no changes in 91 shares.
In the meantime, Oil prices went down 5% to their lowest levels this year yesterday as US crude inventories surged beyond expectations.
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