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The Equity market seems to be consolidating with
major support from FMCG and Pharma stocks. The Sensex is up 119.55 points or
0.4 percent at 26806.06, and the Nifty up 24.95 points or 0.3 percent at
8072.25. About 1328 shares have advanced, 673 shares declined, and 155 shares
are unchanged. Tata Steel, Infosys, HDFC, Cipla and Axis Bank are top gainers
in the Sensex. Among the losers are Vedanta, NTPC, M&M, Tata Power and
GAIL.
Cipla and HUL are up 3 percent while Tata Steel, Bharti Airtel and Dr Reddy's Labs are top gainers in the Sensex. Among the losers are Vedanta, BHEL, Tata Power, Tata Motors and Bajaj Auto. Crude oil futures prices rose 0.10 percent to Rs 3,853 per barrel today as speculators created fresh bets amid a firm trend in Asian markets.
The Stock market remained marginally higher amid consolidation. The Sensex climbed 77.22 points to 26763.73 and the Nifty rose 12.25 points to 8059.55 led by FMCG, technology, Pharma and select banking & financials. Cipla and Hindustan Unilever (HUL) topped the buying list on Sensex, up 3 percent each followed by Dr Reddy's Labs with 1.7 percent upside.
Cipla and HUL are up 3 percent while Tata Steel, Bharti Airtel and Dr Reddy's Labs are top gainers in the Sensex. Among the losers are Vedanta, BHEL, Tata Power, Tata Motors and Bajaj Auto. Crude oil futures prices rose 0.10 percent to Rs 3,853 per barrel today as speculators created fresh bets amid a firm trend in Asian markets.
The Stock market remained marginally higher amid consolidation. The Sensex climbed 77.22 points to 26763.73 and the Nifty rose 12.25 points to 8059.55 led by FMCG, technology, Pharma and select banking & financials. Cipla and Hindustan Unilever (HUL) topped the buying list on Sensex, up 3 percent each followed by Dr Reddy's Labs with 1.7 percent upside.
