Stock Market Tips-Indices erase some losses with Nifty above 11,350; metal stocks loses shine

 It is weak start for the Indian indices on Monday with Nifty below 11,400 level.

At 09:16 hrs IST, the Sensex is down 323.35 points at 37841.26, while Nifty is down 92 points at 11,364.90.  About 224 shares have advanced, 562 shares declined, and 46 shares are unchanged. 

Godrej Properties, Voltas, Jet Airways, Vedanta, Tata Motors, Hindalco, Yes Bank, JSW Steel, DLF, Sobha, Godrej Properties, Zee Entertainment, RIL, ICICI Bank, are among major gaienrs on the indices, while losers are IOC, Coal India, Dhampur Sugar and Balrampur Chini. 

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

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