Sensex, Nifty flat; banks & IT stocks laggards, GAIL up 3% -- 6 Oct 2015

Tata Motors, Cipla, GAIL, ONGC and Coal India are top gainers while BHEL, Infosys, Maruti, HDFC Bank and Bajaj Auto are among laggards in the Sensex.

                           

The market is going steady but technology and bank stocks are dragging. The Sensex is up 36.63 points or 0.1 percent at 26822.18 and the Nifty is down 3.05 points at 8116.25. About 1394 shares have advanced, 1078 shares declined, and 138 shares are unchanged. Tata Motors, Cipla, GAIL, ONGC and Coal India are top gainers while BHEL, Infosys, Maruti, HDFC Bank and Bajaj Auto are among laggards in the Sensex. Continuing its upward march, gold rose by another 0.15 percent to Rs 26,607 per 10 grammes in futures trade on Tuesday as speculators widened positions, taking positive cues from global markets. Market analysts said persistent rise in the precious metal in global markets where it traded at one-week high after bets shrank for a US rate rise this year, boosting the outlook for the metal which does not pay interest or give returns like other assets such as bonds and equities.



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