ManagementMarkets weak in morning trades
The markets opened on a flat note amid mixed global cues. However, bears were soon seen active following yesterday"s weakness. The Sensex drifted to a low of 16,778, down 109 points from the day"s high.
The Sensex is now down 72 points at 16,805. The NSE Nifty is down 24 points at 5,009.
The market breadth is fairly negative - out of 2,292 stocks traded so far, 1,369 have declined, and 855 have advanced.