5 June 2015

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Today the Indian Stock market, which got off to a sluggish start, continues to swing between gains and losses as the mood remains quite cautious amid a lack of triggers. Activity is stock specific with corporate news providing some direction. Although some front line stocks have edged higher, buying interest is somewhat subdued. The Indian share market is sluggish ahead of winding up trade for the weekend.
The Sensex is down 6.11 points at 26807.31 and the Nifty is down 10.40 points at 8120.25. About 1128 shares have advanced, 946 shares declined, and 151 shares are unchanged. Capital goods, metals and Pharma stocks are going strong. Coal India, Sun Pharma, GAIL, NTPC and L&T are top gainers in the Sensex. Among the losers are Tata Motors, Hindalco, TCS, Tata Steel and HDFC Bank.
Meanwhile, Gold was hovering near its lowest in five weeks and was on track for a third straight weekly slide, as robust US economic data bolstered expectations of an interest rate hike this year. Coal India, Sun Pharma, GAIL, Cipla and Bharti Airtel are top gainers in the Sensex. Among the losers are Tata Motors, Tata Steel, ITC, ONGC and Hindalco.

1 comment:

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