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Sensex, Midcap volatile; ITC, Reliance, HDFC, ONGC slip

Oct 01, 2014, 12.19 PM IST | Source: Moneycontrol.com

Tata Steel and Maruti Suzuki shed 2.5 percent each followed by ITC, Reliance Industries, HDFC, ONGC, Hindustan Unilever and Gail India with 1-1.8 percent loss. Top lenders like State Bank of India, HDFC Bank and ICICI Bank were down 0.7 percent, 0.77 percent and 0.2 percent, respectively.

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Sensex, Midcap volatile; ITC, Reliance, HDFC, ONGC slip

Tata Steel and Maruti Suzuki shed 2.5 percent each followed by ITC, Reliance Industries, HDFC, ONGC, Hindustan Unilever and Gail India with 1-1.8 percent loss. Top lenders like State Bank of India, HDFC Bank and ICICI Bank were down 0.7 percent, 0.77 percent and 0.2 percent, respectively.

12:00

The News International Team

Equity benchmarks continued to consolidate due to lack of triggers. The next trigger for the market would be second quarter earnings (July-September) that will be kicked off with Infosys on October 10.

The 30-share BSE Sensex declined 46.98 points to 26583.53 and the Nifty slipped 17.25 points to 7947.55. The BSE Midcap and Smallcap indices were flat. The market breadth was weak; about 1134 shares have advanced while 1317 shares declined on teh Bombay Stock Exchange.
 
Tata Steel and Maruti Suzuki shed 2.5 percent each followed by ITC, Reliance Industries, HDFC, ONGC, Hindustan Unilever and Gail India with 1-1.8 percent loss. Top lenders like State Bank of India, HDFC Bank and ICICI Bank were down 0.7 percent, 0.77 percent and 0.2 percent, respectively.

However, Wipro and Hero Motocorp topped the buying list, up 2 percent each. Infosys and TCS gained 1.8 percent each. Shares of Tata Motors, NTPC, Axis Bank, Coal India, Mahindra & Mahindra and Dr Reddy’s Labs rose 0.3-0.9 percent.

11:00

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.

Read More »

10:00

IT surges, Maruti & Tata Steel down 2%; Sensex choppyRead More »

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 »

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