Markets slip in modest red
Markets slip in modest red
The markets have slipped in modest red after good start on Tuesday on account of selling pressure.

New Delhi: The markets have slipped in modest red after good start on Tuesday on account of selling pressure witnessed in the IT, oil and gas, auto and FMCG stocks.

At 1017 hrs, IST the Sensex was down 20.03 points or 0.14 per cent at 14398.57, and the Nifty down 6.70 points or 0.16 per cent at 4254.2. About 900 shares have advanced, 614 shares declined, and 46 shares are unchanged.

Top gainers on the Sensex are Reliance Energy at Rs 564 up 2.23 per cent, HDFC Bank at Rs 1,122.50 up 1.76 per cent and BHEL at Rs 2,682 up 1.74 per cent.

Top losers on the Sensex are Infosys at Rs 1,944.10 down 0.86 per cent, ITC at Rs 169.70 down 0.76 per cent and Grasim at Rs 2,491.50 down 0.75 per cent.

Index heavyweight Hindustan Lever was trading at Rs 192.70 down 0.31 per cent from its previous close of Rs 193.30. The rally was led by oils, communications and steel sector stocks.

The 30-share index, which had gained 115.19 points in the previous session, climbed up by another 64.99 points at 14,483.59 in the first five minutes of trading.

Similarly, on the wide-based National Stock Exchange, Nifty was up by 16.90 points to 4,277.80, another new high.

Stock brokers said reports of firming trends in other Asian markets enthused the trading sentiments here, triggering buying by foreign funds.

What's your reaction?

Comments

https://popochek.com/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!