Thursday 10 September 2015

Sensex, Nifty off day's high; IT, FMCG stocks lead -- 11 Sep 2015

Infosys, SBI, Wipro, Axis Bank and Hindalco are top gainers while GAIL, Tata Motors, Tata Steel and BHEL are major losers in the Sensex.



                         
The market is gaining some steam on the last day of the trading week. The Nifty is above 7800 with the midcaps marginally outperforming. The 50-share index is up 41.45 points or 0.5 percent at 7829.55. The Sensex is up 128.56 points or 0.5 percent at 25750.73. About 1497 shares have advanced, 561 shares declined, and 78 shares are unchanged. Infosys, SBI, Wipro, Axis Bank and Hindalco are top gainers while GAIL, Tata Motors, Tata Steel and BHEL are major losers in the Sensex. Gold clung to small overnight gains near USD 1,110 an ounce, but the metal was headed for a third consecutive weekly fall as investors continued to fret over the timing of a looming US interest rate hike.



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