Ways2Capital Morning Update : Sensex, Nifty Open Lower After Q4 GDP Data

Equity benchmarks started off June month on negative note after fourth quarter GDP growth slowed to 6.1 percent and eight core sector growth slipped to 2.5 percent in April.

The 30-share BSE Sensex was down 69.90 points at 31,075.90 and the 50-share NSE Nifty fell 17.70 points to 9,603.55.

Infosys was the top loser, down 1.4 percent followed by HDFC Bank, HDFC, ICICI Bank, Asian Paints, ONGC and Reliance Industries.

Sun Pharma rebounded over a percent followed by ITC, M&M, Tata Motors, Hero Motocorp and L&T.

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