- The market is still struggling to get out from red. the Sensex is down 34.25 points at 27465.17 and the Nifty down 13.55 points at 8269.15.
- Sesa Sterlite, Cipla, Tata Steel, BHEL and Maruti are top gainers while HDFC, NTPC, Coal India, Dr Reddy's Labs and GAIL are among losers in the Sensex.
- Auto stocks are in focus ahead of auto sales numbers for the month of December to be released today. The overall view is that demand in 2-wheelers is weak and in passenger cars new launches like Maruti Ciaz, Tata Zest saw a good response.
- Metal stocks have extended gains from yesterday.Sesa Sterlite has gained over 2% while Hindalco and Tata Steel have gained around 0.4% and 0.8% each.
- country core sector growth touched a five month high at 6.7% in the month of November, 2014 compared to 6.3% growth in October, 2014. The Steel sector, one of the eight components considered to be core sectors, slowed further to 1.3%.
- L&T has gained around 0.4%. L&T Infrastructure Development Projects Ltd ( L&T IDPL) has begun construction of a Rs 1293 crore road widening project in Odisha, more than a year after bagging the contract for it.
- Sun Pharma and Cipla have gained 0.1% and 0.9% each while Dr Reddys Lab is down 0.6%.
- RIL and GAIL have lost over 0.5% each while ONGC is gaining around 0.4%.
- Among other shares, Clariant Chemicals has zoomed over 11% after the company announced that it has received full and final payment for its Thane land.
0 comments:
Post a Comment