Researchicon: Market Live: Sensex opens flat, Nifty holds 11,700; Emami falls 6% after block deals



Sectoral trend is mixed with Bank, FMCG, IT and Metals indices trading higher while Auto and Pharma lost ground.
Sectoral trend is mixed with Bank, FMCG, IT and Metals indices trading higher while Auto and Pharma lost ground.Sectoral trend is mixed with Bank, FMCG, IT and Metals indices trading higher while Auto and Pharma lost ground.
Block DealEmami shares fell 6 percent after CNBC-TV18 report suggested that about 8.3 percent equity exchanged hands in early trade.
Market Opening:
Benchmark indices opened flat with Sensex falling 6.65 points to 39,187.84 and the Nifty rising 11.10 points to 11,735.20.
Yes Bank, IndusInd Bank, L&T, UPL, Bharti Airtel and Zee Entertainment are early gainers while Dr Reddy's Labs, Tech Mahindra, Bhart Infratel, Reliance Industries, Hero Motocorp, Axis Bank, and Indiabulls Housing Finance were losers.
Nifty Bank gained 0.3 percent.
Nifty Midcap index was up 20 points. CG Power, Bandhan Bank, Balrampur Chini, Dhampur Sugar and JMC Projects gained 1-8 percent.
Reliance Capital, Sobha, Motherson Sumi and Glenmark Pharma were under pressure.
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