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Equity benchmarks were marginally under pressure in morning
trade with the Sensex falling 61.04 points to 25276.52. The Nifty declined
18.25 points to 7698.25, dragged by banking & financials, Pharma, FMCG and
capital goods stocks. The broader markets too were down 0.4 percent on weak
market breadth.
About 934 shares declined against 800 advancing shares on Bombay Stock Exchange. Shares of HDFC, Sun Pharma, ICICI Bank, Tata Motors, Axis Bank, Hindalco Industries and Tata Steel topped selling list on Sensex, down 1-3 percent while TCS and Adani Ports gained over a percent. Technology stocks rallied after strong Accenture results and full year guidance. Infosys, TCS and Wipro gained 1-2 percent.
Banks and Pharma stocks were under pressure. HDFC, Sun Pharma, ICICI Bank, Reliance Industries and Tata Motors were down 0.4-1.4 percent. The Indian rupee slipped in the early trade today. It has opened lower by 26 paise at 66.90 per dollar versus 66.64 Wednesday. Asian markets were trading mixed with the Nikkei and Shanghai rising half a percent.
About 934 shares declined against 800 advancing shares on Bombay Stock Exchange. Shares of HDFC, Sun Pharma, ICICI Bank, Tata Motors, Axis Bank, Hindalco Industries and Tata Steel topped selling list on Sensex, down 1-3 percent while TCS and Adani Ports gained over a percent. Technology stocks rallied after strong Accenture results and full year guidance. Infosys, TCS and Wipro gained 1-2 percent.
Banks and Pharma stocks were under pressure. HDFC, Sun Pharma, ICICI Bank, Reliance Industries and Tata Motors were down 0.4-1.4 percent. The Indian rupee slipped in the early trade today. It has opened lower by 26 paise at 66.90 per dollar versus 66.64 Wednesday. Asian markets were trading mixed with the Nikkei and Shanghai rising half a percent.
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BOOK PARTIAL PROFIT IN BANKNIFTY 16100 CALL , T1 ACHIEVED
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