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From the Sensex stocks, NTPC, Wipro, M&M, UltraTech Cement, and TCS opened in the green, while Nestle, Sun Pharma, Asian Paints, and IndusInd Bank opened in the red.
Top picks: "There are few selected sectors and stocks which will outperform the markets. But, one has to be very careful while taking positions as valuation comfort is not there," said AK Prabhakar told Business Today TV.
Morgan Stanley maintained an overweight rating on D-Mart with a target price of Rs 4471. The Q3 operational metrics improve further, however, the pace of store additions needs to pick up, it said.
Mahindra & Mahindra Ltd. key Products/Revenue Segments include Automobile-Light, Medium & Heavy Commercial, Jeep, Passenger Car, Other Operating Revenue, Sale of services for the year ending 31-Mar-2023.
Sensex declined 560 points to 71,711 and Nifty slipped 155 points to 21,587.