BHEL, Bajaj Auto, Maruti, Hero and Tata Motors are top gainers while Bharti, Coal India, Reliance, Cipla and ICICI Bank are among losers. Besides Auto, Capital Goods index is up 0.6 percent. Oil & Gas, Metals are struggling in red.
The market is unable to sustain gains and wobbly as the day progresses. The Sensex is down 15.78 points at 27455.03 and the Nifty is down 14.75 points at 8280.70. About 874 shares have advanced, 1286 shares declined, and 126 shares are unchanged. BHEL, Bajaj Auto, Maruti, Hero and Tata Motors are top gainers while Bharti, Coal India, Reliance, Cipla and ICICI Bank are among losers. Besides Auto, Capital Goods index is up 0.6 percent. Oil & Gas, Metals are struggling in red. Gold steadied after a three-day losing streak on Monday, but was hovering close to its lowest in nearly two weeks, hurt by a strong dollar and fears the Federal Reserve could raise US interest rates this year. A rally in global equities also kept buying interest subdued for the metal, which has been weighed down all year by uncertainty over the timing of a US rate hike. Investors initially bet the Fed would be compelled to delay a rate hike given the fragility of the global economy, but buying soon evaporated on views that the Chinese stimulus and upbeat US data made a Fed rate hike more likely this year.
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Or Call on - 9993716323, 0761-4032175
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