Market Live:
Flat opening on D-Street, Nifty hovers around 11,550; banks, metals hit
Equities have begun
the last trading session for the week on a sombre note, with the Nifty hovering
around 11,550. The Sensex is trading flat. All sectoral indices are
trading in the red, with maximum cuts visible in banks, FMCG, and metals, among
others.
Among broader
markets, midcaps, too have taken a hit, down about a quarter of a
percent.
The Sensex is down
28.95 points or 0.08% at 38307.81, and the Nifty down 20.90 points or 0.18% at
11561.90. The market breadth is positive as 346 shares advanced, against a
decline of 187 shares, while 48 shares were unchanged.
Axis Bank, IndusInd
Bank, and HCL Tech are the top gainers, while ICICI Bank, Vedanta, Hindalco and
Bharti Infratel have lost the most.
The Indian rupee opened lower by 8 paise
at 70.19 per dollar on Thursday versus previous close 70.11.
Stocks in the news: LIC Housing Finance, SREI Infra, Aban
Offshore, Britannia, Mahanagar Gas
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