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The Intraday market remained lackluster in noon trade.
Metals, select banks and Pharma stocks supported market while auto and FMCG
stocks lost ground. The 30-share BSE Sensex declined 13.04 points to 26833.49
and the 50-share NSE Nifty slipped 10.30 points to 8121.40. TCS topped the
selling list on Sensex, down 4 percent post lower-than-expected revenue in Q2.
ICICI Bank, Tata Motors and Coal India were down more than 1 percent while Hindalco, Tata Steel and Vedanta surged 2.5-4 percent followed by Infosys and Lupin with 1 percent upside. The BSE Midcap also fell 0.2 percent but Smallcap outperformed with half a percent gain. The Intraday market breadth continued to be positive as about 1477 shares have advanced against 891 declining shares on the Bombay Stock Exchange.
Hindalco, Vedanta, Tata Steel, Lupin and Infosys are gainers while TCS, Tata Motors, ICICI Bank, Hero Motocorp and Cipla are among losers. Aviation stocks are seeing buying interest once again with both Spice Jet and Jet Airways gaining 3-5 percent. Crude oil futures slipped, extending losses from the prior session when an International Energy Agency report said the market would stay oversupplied for at least another year.
ICICI Bank, Tata Motors and Coal India were down more than 1 percent while Hindalco, Tata Steel and Vedanta surged 2.5-4 percent followed by Infosys and Lupin with 1 percent upside. The BSE Midcap also fell 0.2 percent but Smallcap outperformed with half a percent gain. The Intraday market breadth continued to be positive as about 1477 shares have advanced against 891 declining shares on the Bombay Stock Exchange.
Hindalco, Vedanta, Tata Steel, Lupin and Infosys are gainers while TCS, Tata Motors, ICICI Bank, Hero Motocorp and Cipla are among losers. Aviation stocks are seeing buying interest once again with both Spice Jet and Jet Airways gaining 3-5 percent. Crude oil futures slipped, extending losses from the prior session when an International Energy Agency report said the market would stay oversupplied for at least another year.
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