Market Live: Nifty trades lower, Sensex
sees a flat start; OMCs under pressure as crude touches $81/bbl mark
It is a negative start to the market on
Tuesday, with the Nifty beginning 14 points lower around 10,950-mark. The
Sensex is trading flat.
The Sensex is down 6.16 points or 0.02%
at 36298.86, and the Nifty down 14.00 points or 0.13% at 10953.40. The market
breadth is narrow as 300 shares advanced, against a decline of 227 shares,
while 49 shares are unchanged.
Among sectors, banking names have taken
a hit, along with automobiles and metal names. Pharmaceuticals are trading in
the green, while IT names are trading flat, amid a weak rupee.
HDFC and Yes Bank are the top gainers,
while Power Grid, ICICI Bank, Indiabulls Housing and Bajaj Finance have lost
the most.
The Indian rupee slipped in the early
trade on Tuesday. It opened lower by 26 paise at 72.89 per dollar versus
previous close 72.63.
Stocks in the News: ICICI Bank, Infosys,
Dena Bank, Moser Baer, HFCL, Dilip Buildcon, DHFL
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