Sensex, Nifty in red; TCS, ONGC, Sun Pharma early gainers

The Sensex is down 36.13 points at 27454.4 and the Nifty is down 14.35points at 8317.60. About 424 shares have advanced, 253 shares declined, and 82 shares are unchanged.

TCS, ONGC, Wipro, Sun Pharma and Tata Motors are top gainers in the Sensex. Among the losers are Bajaj Auto, Bharti Airtel, Coal India, ITC and Dr Reddy's Labs.

The Indian rupee has opened lower after a long weekend. The currency fell to 63.54 per dollar, down 12 basis points compared to 63.42 a dollar on Thursday.

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