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Sensex, Nifty flat; SAIL down 1%, Mangalore Chem up 11%

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The market has opened on a flat note. The Sensex is at 28606, up 41.80 points while the Nifty is at 8571, up 6.9 points. About 689 shares have advanced, 282 shares declined, and 41 shares are unchanged.

Bharti, Sesa Sterlite, GAIL, ITC and Coal India are top gainers in the Sensex while losers include Tata Motors, Cipla, SBI, HUL and HDFC Bank. Mangalore Chemicals is up 11 percent as Adventz Group makes fresh open offer for the company.

The Indian rupee rose in the early trade. It has opened higher by 10 paise at 61.83 per dollar against the previous close of 61.93.

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