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Sensex falls 100 pts, Nifty breaks 8600 on weak global cues

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The market opened lower on Friday following weakness in global peers. The Sensex fell 126.80 points to 28342.87 and the Nifty declined 43.30 points to 8591.35.

About 470 shares have advanced, 576 shares declined, and 107 shares are unchanged on the BSE.

Wipro, Sun Pharma, Tata Power, Coal India, Cipla, Lupin and Dr Reddy's Labs gained 0.5-1 percent. However, NTPC tanked 7 percent as the stock adjusted for debentures bonus issue.

The Indian rupee opened flat at 62.51 per dollar today against previous day's closing value of 62.52 a dollar.

The dollar rose broadly as investors remain bullish on the greenback, it is currently above the 99 mark.

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