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BSE Sensex, Nifty consolidate; Infosys up 1%, SBI slips 2%

Nov 07, 2014, 01.30 PM IST | Source: Moneycontrol.com

Dr Reddy’s Labs, Axis Bank, Hindalco, Sun Pharma and Infosys are top gainers in the Sensex. Among the losers are Sesa Sterlite, BHEL, GAIL and SBI.

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BSE Sensex, Nifty consolidate; Infosys up 1%, SBI slips 2%

Dr Reddy’s Labs, Axis Bank, Hindalco, Sun Pharma and Infosys are top gainers in the Sensex. Among the losers are Sesa Sterlite, BHEL, GAIL and SBI.

13:23

The News International Team

The market consolidates with a negative bias. The Sensex is down 104.93 points at 27810.95 and the Nifty is down 23.25 points at 8315.05. About 1281 shares have advanced, 1496 shares declined, and 96 shares are unchanged. 

Dr Reddy’s Labs, Axis Bank, Hindalco, Sun Pharma and Infosys are top gainers in the Sensex. Among the losers are Sesa Sterlite, BHEL, GAIL and SBI.

Asian shares edged down on ahead of US employment data later in the session, while the euro wallowed around two-year lows after European Central Bank President Mario Draghi vowed to take more easing steps to spark growth in the euro zone.

Investors were likely to remain cautious ahead of the key US nonfarm payrolls report. Solid gains in employment are projected, and could increase speculation the Federal Reserve could raise US interest rates in the middle of next year.

12:00

Sensex, Nifty weak; L&T most active, Aurobindo at new high

Larsen and Toubro traded almost a percent lower ahead of its Q2 numbers today. A CNBC-TV18 poll expects net sales to rise by around 11 percent driven by the infra segment while profits are expected to increase 12 percent to Rs 970 crore on a standalone basis.

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11:00

BSE Sensex, Nifty sluggish; HDFC Bank, Hero drag 2%Read More »

Axis Bank, Dr Reddy’s Labs, Cipla, HUL and Tata Motors are top gainers in the Sensex. Among the losers are HDFC Bank, Hero MotoCorp, M&M, GAIL and Sesa Sterlite.

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10:00

Nifty breaks 8300, Sensex down 150 pts; Bank of Baroda dipsRead More »

Bank of Baroda fell 2.8 percent after its net profit declined 5.5 percent to Rs 1,104 crore in September quarter compared to Rs 1,168 crore in the year-ago period.

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09:15

Sensex weak; Ranbaxy falls 4%, Sun Pharma down 2%Read More »

Tata Motors, Axis Bank, ITC, Dr Reddy’s and Tata Steel are top gainers in the Sensex. Among the losers are Sun Pharma, Hero, M&M, Coal India and HDFC Bank. Ranbaxy lost 4 percent.

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