Market Opens: It is weak start for the market on Monday with Nifty around 11,000 level.

The Sensex is down 176.72 points at 37,208.27, while Nifty is down 60.90 points at 11,015. About 332 shares have advanced, 502 shares declined, and 63 shares are unchanged. 

BPCL, IOC, HPCL, Asian Paints, Yes Bank, RIL, UPL, Tata Motors, L&T, M&M, SBI, Equitas Holdings are among major losers on the indices, while gainers are Indiabulls Housing, HUDCO, BEL, ONGC and GAIL.

Among sectors, except FMCG and IT other indices are trading in the red. Midcap and smallcap also trading lower.

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