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Sensex, Nifty sluggish on profit booking; Tata Motors gain

Infosys, ICICI Bank, Sesa Sterlite, ONGC and Hindalco are among the laggards while Bharti Airtel, Cipla, M&M, Tata Motors and Coal India are major gainers.

11:00

The News International Team

The bulls seem to be resting for another day. The Sensex is down 93.46 points at 27226.39, and the Nifty is down 32.40 points 8141.50. About 1210 shares have advanced, 1220 shares declined, and 79 shares are unchanged.

Infosys, ICICI Bank, Sesa Sterlite, ONGC and Hindalco are among the laggards while Bharti Airtel, Cipla, M&M, Tata Motors and Coal India are major gainers.

Metal stocks are falling ahead of the Supreme Court’s hearing on “illegal” coal block allocations.

Brent crude eased for a fourth straight session but held above USD 100 a barrel after dropping below that level on the previous day for the first time in 16 months, with prices supported by hopes of production cuts by OPEC.

Brent was trading 14 cents lower at USD 100.06 per barrel after ending the previous session 62 cents down. It had earlier on Monday slumped to USD 99.36, the lowest since May 1, 2013, before rebounding into three-digit territory.

10:00

Sensex, Nifty under pressure; banks, metals, cap goods drag

Hindalco Industries and Jindal Steel slipped around a percent ahead of Supreme Court hearing on coal block allocation case today afternoon.

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09:14

Sensex, Nifty open in red; Infosys falls 1%, Bharti weakRead More »

Infosys, Bharti, Tata Steel, Hindalco and Sesa Sterlite are top losers in the Sensex.

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