Indian Markets opened flat on Thursday. NSE Nifty was down by 3 points at 2926. BSE Sensex was marginally up at 10.07 a.m. IST. Volatility may be higher in days to come and markets will depend largely on International cues.
Reliance Communications was trading strong. The stock was up by nearly 8.8%. At NSE Reliance Communications touched an intraday high of Rs 249.55 and a low of Rs 232 during the early trading session.
Among major gainers were ICICI Bank (up by 2.7%), Sterlite (up by 4%), Zee Entertainment (up by 3.5%) and HDFC Bank (up by 2%).
Major losers included Technology stocks, Wipro, TCS, Satyam, Siemens.