Market News- Tata Motors, Yes Bank top losers, Bharti Airtel Falls

Tata Motors falls - shares are trading 3.6% lower at Rs 202, while Yes Bank shares are down nearly 3% to emerge among the biggest Sensex gainers.

HDFC Bank, SBI, Maruti Suzuki, RIL, Titan, Yes Bank, Tata Steel, Vedanta, Tata Motors, Hindalco, Infosys, Indiabulls Housing, HUL are among major losers on the indices, on the other hand, gainers are BPCL, Power Grid, Asian Paints and Eicher Motors. All the sectoral indices are trading red led by metal, IT, infra, bank, auto, pharma, and FMCG.

Rupee Opens: The Indian rupee opened lower by 7 paise at 69.29 per dollar on Monday versus Friday's close 69.22.

HUL Falls - After Q4 Results Announcement Shares of the FMCG company fell as much as 1.9 percent to Rs 1,661.20. India’s largest consumer goods’ net profit rose 13.8 percent year-on-year to Rs 1,538 crore in the January-March period, according to its exchange filing.

Bharti Airtel Falls - Ahead Of Q4 Results Shares of the telecom operator fell as much as 1.5 percent to Rs 326.50 ahead of its results announcement.

Cadila Healthcare At Over Four-Year Low - As Regulatory Concerns Prevail Shares of the drugmaker fell as much as 3.6 percent to Rs 292.85, the lowest since February 2015. The Ahmedabad-based company received 14 observations on its formulations manufacturing facility in Moraiya, Ahmedabad (Gujarat) from U.S. FDA, according to its exchange notification.

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