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BSE Sensex, Nifty flat; FMCG up, infra banks in red

Dec 04, 2014, 11.12 AM IST | Source: Moneycontrol.com

ITC is managing to support the benchmark induces. The stock is up 5 percent followed by Cipla, ONGC, Sesa Sterlite and Maruti. Among the losers are ICICI Bank, Hindalco, Tata Power, BHEL and Axis Bank.

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BSE Sensex, Nifty flat; FMCG up, infra & banks in red

ITC is managing to support the benchmark induces. The stock is up 5 percent followed by Cipla, ONGC, Sesa Sterlite and Maruti. Among the losers are ICICI Bank, Hindalco, Tata Power, BHEL and Axis Bank.

11:00

The News International Team

The Nifty and Sensex flattened out after touching record highs in the early minutes of trade. The Sensex is up 68.36 points at 28511.07 and the Nifty is up 8.00 points at 8545.65. About 1284 shares have advanced, 1022 shares declined, and 90 shares are unchanged.

ITC is managing to support the benchmark induces. The stock is up 5 percent followed by Cipla, ONGC, Sesa Sterlite and Maruti. Among the losers are ICICI Bank, Hindalco, Tata Power, BHEL and Axis Bank.

The rupee recovered from initial losses against the US dollar and was quoted barely steady at 61.91 on selling of the American currency by banks and exporters on good foreign capital inflows. Euro is staggering near two-year lows on concerns over further ECB stimulus injections Some more gains in the USD/INR pair is likely but dollar inflows towards debt investments likely to limit upside.

Globally, Nikkei and Shanghai continue to trade at multi-year highs. The European Cental Bank meet today will be in focus.

10:00

Sensex, Nifty off day’s high; HDFC, Infosys, SBI decline

Shares of Axis Bank, HDFC, Infosys, State Bank of India, Bharti Airtel, Larsen & Toubro, M&M, Sun Pharma and BHEL declined 0.3-1.3 percent.

Read More »

08:59

Sensex loses early gains partially, midcaps downRead More »

ITC is up 5 percent while Cipla, ONGC, Tata Motors and BHEL are other top gainers in the Sensex. Among the losers are ICICI Bank, Sun Pharma and Coal India.

Read More »

READ MORE ON  BSE, sensex, Nifty, market, NSE, ICICI, BHEL, ITC, Cipla, Maruti
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