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Sensex, Nifty open flat; HDFC, SBI, L&T gainers

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The market opened higher on first day of truncated week but immediately gave up gains to trade flat. The Sensex rose 5.03 points to 28884.41 while the Nifty fell 6.95 points to 8773.40.

L&T, BHEL, HDFC, SBI, Cipla, Tata Steel and NMDC gained 0.5-1 percent while GAIL dropped 2 percent. Dr Reddy's Labs, M&M, HDFC Bank, Sesa Sterlite and Coal India declined 0.5-1 percent.

The Indian rupee opened flat at 62.33 per dollar today against Friday's closing value of 62.31 a dollar.

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