Equity indices open in red on weak Asian cues
Heavy selling pressure was witnessed in banking auto and metal stocks analysts said.
At 9.30 a.m. the wider Nifty50 on the National Stocks Exchange traded at 11 362.50 points lower by 67 points or 0.59 per cent from its previous close.
The S&P BSE Sensex which had opened at 37 693.19 points traded at 37 640.68 points (9.30 a.m.) lower by 228.55 points or 0.60 per cent from the previous close of 37 869.23 points.
It has touched a high of 37 693.19 points and a low of 37 581.07 points so far.
--IANS rrb/in