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Markets trade lower; RIL, Coal India, Tata Motors down-news18022012


The Indian markets opened the trade in the red zone led by negative global cues. Profit booking after yesterday’s big rally was also contributing to the weakness.

The Asian stock markets were trading lower with the overnight weak close on Wall Street and worries about the Greek economy following the delay in announcing the debt relief.

Heavyweights like RIL, ICICI Bank, Tata Motors, Coal India, Sun Pharma, TCS and Hindalco were the draggers.

Among 13 sectors, top gainers — BSE Power up by 1.51%, BSE CG up by 0.81% and BSE TECk up by 0.30%. Top losers — BSE CD down by 1.32%, BSE Oil & Gas down by 1.07% and BSE Bankex down by 0.95%.
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