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The market has opened weak as the Sensex is down 118.97 points at 26197.37. The Nifty is down 39.25 points at 8075.05. Around 437 shares have progressed, 396 shares declined, and 45 shares areunaltered.

Cipla, Asian Paints, Hero MotoCorp, Wipro and Adani Ports are best gainers while SBI, Axis Bank, ICICI Bank, ONGC and GAIL are failures in the Sensex. Best Equity Tips by experts on mobile withaccuracy.

Banks are under weight as Reserve Bank of India has requested that banks keep up an incremental cash reserve ratio of 100 percent, the move is evaluated to suck out around Rs 3.24 lakh crore of excess liquidity from the system and will be applicable on deposits between September 16 and November 11 fortnights. Bonds and bank stock will take a hit in exchange today.

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Free Stock Tipsby experts Bharti Airtel | Cipla | GAIL | Idea Cellular | Apollo Tyres | Tata Elxsi | Aurobindo Pharma | Uflex

| Dilip Buildcon | ARSS Infra | GPT Infra | Ashok Leyland | Strides Shasun | and Ricoh India are stocks, which are in the newstoday.

Gold rises from multi-month lows as dollarweakens

Gold rose over 1 percent on Monday, recovering from a 9-1/2 month low in the past session, as the U.S. dollar extended losses after touching a 14-year highs touched a weekago.

"A marginally weaker U.S. dollar saw gold prices recover some portion of the losses achieved before in the week. Buying also emerged as prices hit a key technicallevel,"

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Spot gold was up 1.05 percent at $1,195.26 an ounce by 0252 GMT. The metal marked its lowest since Feb. 8 at $1,171.21 per ounce in the pastsession.

U.S. gold futures rose 1.43 percent to $1,195.20 perounce.

SPDR Gold Trust, the world's biggest gold-backed exchange- traded fund, said its holdings fell 0.73 percent to 885.04 tons on Friday from 891.57 tons on Wednesday. Get daily Free Intraday Tips with accuracy by experts onmobile

Among other precious metals, silver gained 1.6 percent to

$16.75 an ounce and palladium rose 0.3 percent to$743.13

Platinum was up 1.77 percent at$919.00.

Oil prices regain some ground after steep falls in front of OPECmeeting

Oil prices regained some ground after steep losses made since Friday in choppy trading in front of an arranged producer meeting on Wednesday aimed at reining in worldwide oversupply.

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Brent crude futures were trading at $47.20 per barrel at 0346 GMT, down 4 cents from their last close. You can also get share market tipsafter the complete analysis of market trends by experts for more info give missed call at18003157801.

U.S. West Texas Intermediate (WTI) crude futures were down 3 cents at $46.03 abarrel.

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