In Intraday Market After two-day fall, equity benchmarks opened flat on
Wednesday. The Sensex declined 40.44 points to 25950.79 and the Nifty lost 2.50
points to 7746.20. About 306 shares have advanced, 187 shares declined, and 45
shares are unchanged. Engineering and construction major Larsen and Toubro
plunged nearly 8 percent post Q1 earnings. Sesa Sterlite and IDFC declined 2-3
percent on weak earnings in June quarter.
HUL, Sun Pharma,
BHEL, Ambuja Cements and DLF lost 0.4-1.3 percent. However, Bharti Airtel and
ITC gained 2-3 percent on strong earnings. M&M, Hero Motocorp, ONGC, Power
Grid Corp and Asian Paints rose 1 percent. The Indian rupee slipped in the
early trade today. It has opened lower by 12 paise at 60.24 per dollar versus
60.12 Monday.
Asian Intraday stocks were mixed on Wednesday ahead of a rate
announcement from the Federal Reserve and on earnings news from Japan and South
Korea. Japan's Nikkei 225 was flat in early trading with shares in Honda Motor
Company Ltd (TOKYO:7267) up 3.3% after the car maker lifted its full-year sales
and profit forecasts.
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