Share market LIVE updates: Sensex, Nifty slips into red; oil stocks gain as crude falls; Yes Bank top loser

  Stock market LIVE today: Sensex and Nifty erased all gains and slipped into the negative territory during the mid-morning trade today on the back of heavy selling pressure in most IT, metals, pharma, realty, auto, and PSU banks stocks. Yes, Bank was the top loser on both the Sensex and Nifty indices. Oil marketing companies stocks rose to track a slump in crude oil prices.


  Share market LIVE today: Sensex and Nifty erased all gains and slipped into the negative territory during the mid-morning trade today on the back of heavy selling pressure in most IT, metals, pharma, realty, auto, and PSU banks stocks. Yes Bank was the top loser on both the Sensex and Nifty indices. Oil marketing companies stocks rose to track a slump in crude oil prices.

  The BSE Sensex had jumped over 200 points to a high of 35,184.93 points in opening trade today, while the NSE Nifty 50 had opened above the 10,550-mark. Yes Bank shares fell nearly 7% in morning trade today. IT stocks slipped on the back of an appreciating rupee.


 Asian shares edged higher on Monday, though investors were cautious as plunging oil prices fanned worries about a dimming outlook for the global economy, said a Reuters report. Oil prices traded near their lowest levels since October last year, having dived 8% on Friday for the biggest weekly losses in nearly three years, with rising U.S. production intensifying fears of a supply glut.

 Among top stocks to track in trade today are HCL Technologies and Bajaj Finance, which will enter the BSE Sensex effective December 24. Wipro and Adani Ports and Special Economic Zones Ltd will be dropped from the index, according to information available with the BSE website.

 Sensex slips from day's high; Nifty fall below 10,550

After opening on a strong note, the benchmark BSE Sensex slipped from its day's high to trade on a flat note at 35,004.32 points, up 23.30 points or 0.07%. Heavy selling pressure was witnessed in bluechip stocks like Yes Bank, Adani Ports, Infosys, ONGC, Vedanta, Sun Pharma, Kotak Bank, Tata Motors and TCS. The NSE Nifty 50 fell below the 10,550-mark.

 OPENING BELL: Sensex opens 200 points higher, Nifty above 10,550:-
The BSE Sensex jumped over 200 points to a high of 35,184.93 points in opening trade today. The NSE Nifty 50 opened firmly above the 10,550-mark. Bharti Airtel, Axis Bank, Asian Paints, IndusInd Bank, SBI, HDFC Bank were among the top gainers in morning trade today.

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