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Sensex, Nifty open flat as assembly elections counting underway

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• The market has opened lower as counting continues for Assembly elections in five states. 
• The Sensex is down 42.46 points or 0.2 percent at 25662.15, and the Nifty down 18.45 points or 0.2 points at 7851.70. About 311 shares have advanced, 169 shares declined, and 38 shares are unchanged.
• Lupin, Tata Motors, Dr Reddy's, NTPC and Sun Pharma are top gainers while ONGC, Asian Paints, Maruti, HDFC and SBI are losers in the Sensex.
• First Trade: Nifty Bank 16699.90 -0.17%: BSE Bank Index 19019.92 -0.20%
• First Trade: Nifty Midcap 100 13210.30 +0.09%: BSE Small Cap 11178.95 +0.09%
• First Trade: Nifty 7854.70 -0.20%: Sensex 25711.76 +0.03%
• Rupee At Over 2-mth Low: Dollar-Rupee 67.1900 +0.2200
• Election results from the five states that have begun counting today won't greatly impact the big picture policy, says Gautam Chhaochharia of UBS.

Get Free Intraday Trading Tips; Sensex is down

The market has opened flat on Tuesday as the Sensex is down 15.74 points at 25673.12. The Nifty is down 2.80 points at 7863.25. About 396 shares have advanced, 261 shares declined, and 46 shares are unchanged.

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HUL is up 1 percent while Adani Ports, Dr Reddy's Labs, Tata Steel and Maruti are top gainers while Hindalco, Tata Motors, Bharti Airtel, NTPC and ONGC are losers in the Sensex.
        The Indian rupee opened lower by 8 paise at 66.66 per dollar on Tuesday versus previous close of 66.58.
         Asia markets traded mixed, with the Japanese benchmark index leading gains in early trade, ahead of Chinese inflation data due later on Tuesday.
         US stocks closed mixed in high-volume trade, with the Dow Jones industrial average was down 0.2 percent, the S&P 500 closed up 0.08 percent and the Nasdaq composite added 0.3 percent.

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The Indian stock market recovers from the initial jerk. The Sensex is down 5.41 points at 27880.80 and the Nifty is down 16.10 points or at 8432.00. About 910 shares have advanced, 553 shares declined, and 112 shares are unchanged. Sun Pharma is down 11 percent while HCL Tech slips 7 percent. Wipro, Cipla, Maruti and Dr Reddy's Labs are major losers in the Sensex.
In Today Indian Share Market the S&P BSE Sensex is trading at 27,863 down 23 points, while NSE Nifty is trading at 8,437 down 11 points. The BSE Mid-cap Index is trading up 0.36% at 10,592, whereas BSE Small-cap Index is trading up 0.16% at 11,388. Some buying activity is seen in metal, consumer durable, banking and consumer durable sectors, while healthcare and IT sectors are showing weakness on BSE.
Coal India, BHEL, Tata Steel, Sesa Sterlite and Reliance Industries are among the gainers, whereas Sun Pharma, Wipro, Cipla, Maruti Suzuki and M&M are losing sheen on BSE. Sun Pharma has slumped over 10.5 percent to a low of Rs. 933 on the back of heavy volume on reports of Daiichi exiting its 9 percent stake in the company.