Indices open lower amid weak global cues


Mumbai : Indian benchmark indices opened on negative note on May 12 with Nifty slipping below 16,000 mark amid weak global markets.

At 09:16 IST, the BSE Sensex was down 589.10 points or 1.09% at 53499.29, and the NSE Nifty was down 169.30 points or 1.05% at 15997.80. About 442 shares have advanced, 1488 shares declined, and 65 shares are unchanged. ONGC, Bajaj Auto, Power Grid Corporation, Eicher Motors and Divis Labs were among major gainers on the Nifty, while losers were Britannia Industries, Bajaj Finance, HDFC Bank, Hero MotoCorp and Bajaj Finserv.


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