The
Indian Stock market is completely flat while metals continue to put pressure.
The Sensex is up 7.88 points at 27669.28, and the Nifty is up 6.10 points at
8366.65. About 1389 shares have advanced, 816 shares declined, and 136 shares
are unchanged. Steel stocks are likely to give fairly impressive returns over a
long term. One can consider adding Tata Steel, JSW Steel and SAIL in small quantities
at declines.
GAIL is up 3 percent, Cipla, Sun Pharma, Bharti Airtel and TCS are top gainers in the Sensex. Among the losers are Hindalco, Vedanta, L&T, ONGC and BHEL. GAIL, Sun Pharma, Cipla, Bharti Airtel and Dr Reddy's Labs are top gainers in the Sensex. BHEL, Hindalco, Axis Bank, L&T and Coal India are among losers.
The Equity market, which gave up some gains after a firm start, is moving in a tight range for nearly an hour now, with the mood turning a bit cautious due to disappointing data on industrial production. Healthcare stocks continue to attract buyers. Select information technology, FMCG, consumer durables and oil stocks are also up with strong gains. Automobile, bank, capital goods, power, realty and metal stocks are a bit subdued.
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GAIL is up 3 percent, Cipla, Sun Pharma, Bharti Airtel and TCS are top gainers in the Sensex. Among the losers are Hindalco, Vedanta, L&T, ONGC and BHEL. GAIL, Sun Pharma, Cipla, Bharti Airtel and Dr Reddy's Labs are top gainers in the Sensex. BHEL, Hindalco, Axis Bank, L&T and Coal India are among losers.
The Equity market, which gave up some gains after a firm start, is moving in a tight range for nearly an hour now, with the mood turning a bit cautious due to disappointing data on industrial production. Healthcare stocks continue to attract buyers. Select information technology, FMCG, consumer durables and oil stocks are also up with strong gains. Automobile, bank, capital goods, power, realty and metal stocks are a bit subdued.
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