SENSEX UNDER PRESSURE; TECH MEH, SUZLON, CARE MOST ACTIVE

The market continued to see marginal selling pressure amid consolidation. The Sensex fell 87.90 points to 28648.48 and the Nifty declined 29.70 points to 8693.60 while the BSE Midcap and Smallcap indices gained 0.4 percent each.
However, global markets traded higher ahead of Federal Reserve policy meeting outcome tonight. Shanghai rallied over 2 percent followed by Nikkei and Hang Seng with 0.5-0.9 percent gain while European markets were marginally in green.
Tech Mahindra, HCL Technologies, Wockhardt, Yes Bank, Suzlon Energy and CARE are most active stocks on exchanges.
Sesa Sterlite has gained 2.5% after the Goa government said that mining operations would resume in the State following the Centre's revocation on Tuesday of its earlier order that suspended all environmental clearances of mines. Hindalco and Tata Steel are trading flat.
Tata Motors has declined around 2% after the company in release said that global wholesales for Jaguar Land Rover for February 2015 were lower at 38,541 units compared to 39,011 units in February 2015.
Auto shares, Bajaj Auto has declined 0.2%, M&M is down 1.3% while Hero Motocorp has gained 0.8% and Maruti Suzuki is up 0.2%.
Among financials and bank stocks, HDFC is down over 1% and Axis Bank is trading flat while SBI is up 1.5%, HDFC Bank is up 0.6% and ICICI Bank is up 0.2%.
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