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Sensex, Nifty pause after record high; realty hit most

Realty stocks are hit the most, followed by infra and metals. Hindalco, BHEL, Tata Power, Tata Steel and Tata Motors are major laggards in the Sensex. Among the top gainers are Cipla, HUL, Sun Pharma, HDFC and ITC.

10:58

The News International Team

After breaking records for seven straight days, the market is taking a breather. The Sensex is down 94.71 points at 27045.23 and the Nifty is down 33.55 points at 8081.05.
About 784 shares have advanced, 1621 shares declined, and 60 shares are unchanged.

Realty stocks are hit the most, followed by infra and metals. Hindalco, BHEL, Tata Power, Tata Steel and Tata Motors are major laggards in the Sensex. Among the top gainers are Cipla, HUL, Sun Pharma, HDFC and ITC.

Asian shares edged up to a seven-year high on growing hopes of a ceasefire in Ukraine, while investors also warmed to the idea of more monetary easing from the European Central Bank in the near future.

Global shares rallied on Wednesday as Russian President Vladimir Putin, after speaking to Ukrainian President Petro Poroshenko by phone, said he believed Kiev and pro-Russian separatists could reach agreement at planned talks in Minsk on Friday.

10:00

Nifty struggles at 8100; BHEL falls 3%, Sun Pharma gains

BHEL topped the selling list in the Sensex down over 3 percent followed by Hindalco Industries, Tata Motors, Tata Steel and Tata Power with 1-2 percent. Shares of Infosys, L&T, Bharti Airtel, Axis Bank and Sesa Sterlite lost over 0.5 percent.

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09:27

Sensex, Nifty fall on profit booking; USL up, DLF tanksRead More »

United Spirits gained a percent despite posting huge loss of Rs 4,489 crore in the year ended March 2014 on consolidated basis, increased by 44.4 times compared to a loss of Rs 101.2 crore in previous year, dented by exceptional loss of Rs 3,236 crore related to provision.

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