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After a smart rally, which turned flat intraday, the market
has ended on a flat note. The Sensex ended down 11.96 points at 25610.21, and
the Nifty was up 1.20 points at 7789.30. About 1454 shares have advanced, 1204
shares declined, and 116 shares are unchanged. SBI, ONGC, HDFC, Wipro and
Infosys were top gainers while Tata Steel, Vedanta, Tata Motors, GAIL and BHEL
were major losers
The Stock market, which gave up early gains and gradually lost more ground as the session progressed, is currently up marginally amid stock specific activity. A weak close in most of the markets across Asia and a negative start in European markets have rendered price movements quite sluggish back home. With no significant triggers to warrant any strong buying, investors are quite reluctant to make aggressive moves.
Among front line stocks, ONGC, HDFC, Wipro, Infosys, Bank of Baroda, Asian Paints, BPCL, Maruti Suzuki and State Bank of India are up 0.8% - 1.6%. Tata Power has shed about 3.2%. BHEL is lower by 3%. Cairn India, Tata Steel, GAIL India, Ambuja Cements, Tech Mahindra, Tata Motors, Coal India and Larsen & Toubro are down 1% - 2.5%.
The Stock market, which gave up early gains and gradually lost more ground as the session progressed, is currently up marginally amid stock specific activity. A weak close in most of the markets across Asia and a negative start in European markets have rendered price movements quite sluggish back home. With no significant triggers to warrant any strong buying, investors are quite reluctant to make aggressive moves.
Among front line stocks, ONGC, HDFC, Wipro, Infosys, Bank of Baroda, Asian Paints, BPCL, Maruti Suzuki and State Bank of India are up 0.8% - 1.6%. Tata Power has shed about 3.2%. BHEL is lower by 3%. Cairn India, Tata Steel, GAIL India, Ambuja Cements, Tech Mahindra, Tata Motors, Coal India and Larsen & Toubro are down 1% - 2.5%.
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