The market continues to trade in the red with the BSE Sensex trading at 34,993 points, slipping by more than 100 points, and the NSE Nifty trading at 10,638 points, breaching its 10,700-mark.

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Bajaj Auto is gaining in trade, ahead of its earnings, and is the top index gainer while Wipro continues to lose in trade.

The market opened flat with a negative bias and began to trade lower instantly with the Sensex trading at 35,051 points and the NSE Nifty trading at 10,658 points due to weak global cues.

Reliance group stocks continue to gain in trade for the second session in a row.

Wipro, BPCL, Bharti Infratel, among others were the top losers in the opening trade.

On the earnings front, Bajaj Auto, Bhushan Steel, Ashok Leyland, Strides Shasun, Dalmia Bharat, among others, will declare their quarterly earnings today.

First Published:May 18, 2018 12:45 PM IST