The benchmark equity indices on Wednesday opened lower with Nifty falling below 11,900-mark as investors may remain cautious ahead of the Union Budget and global cues. Sensex opened at 39,767.19 falling 49.29 points, or 0.12%, while the broader Nifty lost 13.10 points, or 0.11%, at 11,897.20. On upside, Nifty could face resistance at 11,962-12,000 band while 11,831-11,872 band remains a support. Among stocks under coverage, SBI, Trent, SRF, SBI Life, Heidelberg, PI Industries, Ipca Labs, Bharti Airtel, could do well," Jasani further added. MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat, while Japan's Nikkei was down 0.4% in early trade.

Source: Mint July 03, 2019 03:23 UTC