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Share market updates:Sensex, Nifty falt;Nifty above 10,750; Bandhan Bank falls 3%

After opening mildly higher, Sensex and Nifty turned choppy in the early trade on Monday, tracking weak global cues. The Sensex is down about 60 points to 35,680.63, while the Nifty 50 is trading above the 10,750 level. Earlier, the SGX Nifty was trading 12 points higher at 10,772 or 0.11% up, indicating a mildly positive opening for Sensex and Nifty this morning.


Bandhan Bank- Shares fell as much as 3.15% to Rs 512 per share after it clarified that the bank was unaware of the news that it is in talks with HDFC for control of Gruh Finance.

Infosys - Share price spurted by more than 1.4% to Rs 658.80. India's largest IT firm TCS shares jumped by more than 1.05% to Rs 1,923.15. Shares of Wipro gained by nearly 1.4% to Rs 328.55. According to media reports, IT major Infosys is likely to announce a mega share buyback programme for up to $1.6 billion in January after it's one-year moratorium following the previous buyback, 

PVR, Inox Leisure trade higher as govt reduces the tax on movie tickets- 

Shares of multiplex operators rose after the GST Council on Saturday reduce the tax on movie tickets to 18% from previous 28%. Cinema had remained part of the highest tax slab, wherein film tickets whose price exceeded Rs 100 were subject to 28% GST, while those below the rate worked with 18%, resulting in high ticket prices for movie-goers. PVR shares rose as much as 2.8% to Rs 1607.25, and Inox Leisure shares jumped 4.56% to Rs 249.90 per share.

Rupee opens The Indian rupee opened marginally lower at 70.18 per dollar on Monday against Friday's close 70.15.


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