Home / Business / Money / IT stocks up, autos in focus; Sensex, Nifty sluggish

IT stocks up, autos in focus; Sensex, Nifty sluggish

Auto companies are in focus as September sales are announced. Wipro, TCS, Infosys, Hero MotoCorp and NTPC are top gainers while Maruti, Tata Steel, GAIL, ITC and ONGC are laggards.

11:33

The News International Team

IT stocks up, autos in focus; Sensex, Nifty sluggish

The market is trading listlessly. The Sensex is down 37.97 points at 26592.54 and the Nifty is down 13.10 points at 7951.70. About 1189 shares have advanced, 1121 shares declined, and 100 shares are unchanged.
 
Auto companies are in focus as September sales are announced. Wipro, TCS, Infosys, Hero MotoCorp and NTPC are top gainers while Maruti, Tata Steel, GAIL, ITC and ONGC are laggards.

Globally, Asia is mixed. Hong Kong and China are closed for trade. However, Hong Kong continues to be in focus as pro-democracy rallies in Hong Kong have entered into their 5th day. From currencies the yen trades at the lowest since August 2008 and the Indian rupee continues to trade close to seven month lows.

10:00

IT surges, Maruti & Tata Steel down 2%; Sensex choppy

Technology stocks saw huge buying interest on depreciation in rupee. TCS, Infosys and Wipro rallied 1-3 percent.

Read More »

09:15

Sensex, Nifty flat; Hero Motocorp gains 2%, Wipro risesRead More »

Auto sector will remain in focus today with all auto companies are going to announce their September auto sales data. Hero Motocorp’s total September sales came in 30 percent higher at 6 lakh units.

Read More »

Leave a Reply

x

Check Also

Rupee recovers 6 paise to 67.01

The rupee today recovered some lost ground by rising 6 paise to ...

Notes ban to have positive impact on economy

NEW DELHI: The government’s demonetisation move has led to widespread adoption of ...