Markets open weak, Sensex plunges 700 points at open


Mumbai : Indian benchmark indices opened lower on Monday amid weak global cues. At 09:16 IST, the BSE Sensex was down 710.77 points or 1.24 per cent at 56486.38, and the Nifty was down 226.20 points or 1.32 per cent at 16945.80. About 737 shares have advanced, 1553 shares declined, and 127 shares are unchanged. CICI Bank, Power Grid Corp and NTPC were among major gainers on the Nifty, while losers were Britannia Industries, Apollo Hospitals, HUL, BPCL and IndusInd Bank.

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