Sensex off early
losses, Nifty above 11,500; Titan cracks 9%
Market Update:
Benchmark indices came off their early lows. The Sensex was down 70.99
points at 38,649.58 and the Nifty fell 23.30 points to 11,535.30.
The market breadth was balanced as about 671 shares declined against 664
advancing shares on the BSE.
Gainers and
Losers:-
Titan Company plunged 9 percent, followed
by UPL, HDFC, Bajaj Finance
and Bajaj Finserv which were down 1.5-2.5 percent.
IOC bucked the trend, rising 3.7 percent. BPCL, Coal India, Yes
Bank and ONGC were other gainers.
The BSE Sensex slipped 189.05 points to 38,531.52 and the
Nifty50 declined 61.50 points to 11,497.10. About two shares declined for every
share rising on the BSE.
Rupee Trade:-
The Indian rupee was unchanged on Tuesday morning against Monday's close
of 68.65 a dollar.
Stocks in the
news:
TCS, Titan, Canara Bank, NHPC, Delta Corp, Hero Motocorp, Voltas, Meghmani
0731-4986981
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