It is a unfavorable commence for the benchmark indices on Monday with Nifty slipped under 11,700 level.

At 09:18 hrs IST, the Sensex is down 200.46 points or .51% at 38939.82, and the Nifty down 74.30 points or .63% at 11678.50. About 317 shares have sophisticated, 591 shares declined, and 53 shares are unchanged. 

Tata Coffee, SpiceJet, Dr Reddy’s Lab, HDFC Bank, are amongst key gainers on the indices, even though losers are Reliance Undustries (RIL), Jet Airways, Reliance Capital, Reliance Infra, Reliance Energy, Reliance Comm, SBI, DHFL and Canara Bank.

On the sectoral front except IT all other sectors are trading reduce led by power, infra, auto, bank, metal and pharma.