Market Opens : Sensex is down 251.61 points
Sensex is down 251.61 points or 0.64 percent at 39051.24, and the Nifty shed 66.60 points or 0.57 percent at 11537.90. ONGC, HCL Tech and Reliance Industries are the top gainers while ICICI Bank, Bajaj Auto, and TCS are the top losers.
Among the sectors, Bank Nifty is down a percent while the pharma index added half a percent. Midcap and smallcap indices are trading in the red.