21 September 2015

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The Indian share market continues to drag but recovers from early morning's sharp losses. The Sensex is down 82.45 points or 0.3 percent at 26136.46 and the Nifty slips 23.30 points or 0.3 percent at 7958.60. About 1176 shares have advanced, 837 shares declined, and 90 shares are unchanged. Tata Motors, Maruti, Axis Bank, L&T and SBI are top gainers while HDFC, Tata Steel, M&M, NTPC and Hindalco are among losers in the Sensex.
FMCG index is down 0.6 percent from previous close. Gold dipped slightly after a three-day rally, but the metal still held close its highest in nearly three weeks, as the Federal Reserve's move last week to leave US interest rates unchanged weighed on global equities. The broader markets outperformed benchmarks. The BSE Midcap and Smallcap indices declined marginally.
About 799 shares have advanced against 842 shares declined on the Bombay Stock Exchange. Shares of HDFC, Reliance Industries, ITC, ICICI Bank, M&M, Tata Steel and SBI dropped 1-2 percent. However, Tata Motors bucked the trend, up 0.6 percent after it delivered 1100 cars in Maharashtra, Gujarat, Chhattisgarh and Madhya Pradesh on Ganesh Chaturthi this year.

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