The market has opened flat ahead of expiry of August futures & options contracts later today.
The 30-share BSE Sensex rose 1.83 points to 38,724.76 while the 50-share NSE Nifty fell 1.40 points to 11,690.50.
Vedanta, Sun Pharma, UPL, Coal India, Cipla, Wipro and ITC are early gainers.
HPCL, BPCL, IOC, SBI, Kotak Mahindra Bank, Yes Bank, Reliance Industries, ICICI Bank and Maruti Suzuki are under pressure.
Nifty Midcap was up 17 points.
Dena Bank, Corporation Bank, Punjab & Sind Bank, Greaves Cotton, Laurus Labs, NFL and NALCO gained 3-8 percent.
Jet Airways, Ceat, Apollo Tyres, SpiceJet and InterGlobe Aviation are under pressure.
The market traded mildly lower amid volatility ahead of expiry of August derivative contracts later today. The weakness in rupee and rising crude oil prices weighed on market sentiment.
The 30-share BSE Sensex fell 44.34 points to 38,678.59 and the 50-share NSE Nifty declined 18.90 points to 11,673 but the market breadth was positive.
About three shares advanced for every two shares falling on the BSE.
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