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Equity indices open in red, Sensex falls 348

The 50-scrip NSE Nifty was trading at 16,989.90, at 9:46 AM, up by 112.65 points or 0.66 percent.

Mumbai: Equity benchmark indices opened in red on Monday with Sensex down by 347.69 points and Nifty by 112.65 points.

At 9:46 AM, the BSE Sensex was down by 347.69 points or 0.61 percent at 56,713.18. BSE Limited, also known as the Bombay Stock Exchange, is the oldest stock exchange in Asia, and also the 10th oldest in the world.

The 50-scrip NSE Nifty was trading at 16,989.90, at 9:46 AM, up by 112.65 points or 0.66 percent.

NIFTY 50 is a benchmark Indian stock market index, representing the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. It is one of the two main stock indices used in India.