The market continued to consolidate for the fourth consecutive session despite positive Asian cues. The Sensex declined 50.69 points to 26502.23 and the Nifty fell 18.85 points to 8021.35. The broader markets were also under pressure as the BSE Midcap and Smallcap indices slipped around half a percent.
The market breadth was weak too as about 1413 shares declined against 866 advancing shares on the BSE. Tata Steel lost 2 percent ahead of earnings. Consolidated profit may fall 32.2 percent year-on-year to Rs 851 crore from Rs 1,254 crore, according to a CNBC-TV18 poll.
Sun Pharma, Vedanta, Axis Bank and Bharti Airtel were other top losers on Sensex, down 1.5-2.5 percent. Infosys, ITC, Maruti, L&T, Tata Motors, Hero Motocorp, HUL, Coal India and NTPC gained 0.4-1.5 percent.
Get real time advice for Free Stock Market Tips , Free share Market Tips , Free Stock Tips , share market tips , Stock Market Tips , Share Market Live , Free Commodity Tips , Intraday Trading Tips and all Maket Updates . Get 2 Days Free Trial visit :- http://capitalstars.com/equity/ U can call us +917316790000,6669900 ..
0 comments:
Post a Comment