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Sensex, Nifty firm; Dr Reddy, Bharti, Hero laggards

Hindalco, Vedanta, ITC, Tata Steel and Cipla are top gainers while Infosys, Dr Reddy’s Labs, Bharti Airtel, Hero MotoCorp and M&M are among losers in the Sensex.

11:11

TheNewsInternational Team

Sensex, Nifty firm; Dr Reddy, Bharti, Hero laggards

The market is holding up its gains with the Nifty nearing 7850. The 50-share index is up 28.80 points or 0.4 percent at 7835.40. The Sensex is up 107.72 points or 0.4 percent at 25867.82. About 1310 shares have advanced, 794 shares declined, and 141 shares are unchanged.

Hindalco, Vedanta, ITC, Tata Steel and Cipla are top gainers while Infosys, Dr Reddy’s Labs, Bharti Airtel, Hero MotoCorp and M&M are among losers in the Sensex.

Oil prices extended gains in Asia on Tuesday but the uptick was capped as investors waited for data on US crude stockpiles expected to further underscore a global supply glut. Prices pushed higher yesterday after US-led coalition jets bombed the Islamic State group’s oil operations following the deadly attacks on Paris, but analysts said the impact of geopolitical tensions on the oil market is limited.

10:00

Sensex marginally higher; ITC leads again, Infosys drags

ITC continued to top contributor to Sensex’s gains, up 2 percent. Vedanta, Hindalco, GAIL, BHEL and Sun Pharma rallied 1.5-3 percent.

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09:15

Sensex up over 100 pts, Nifty eyes 7850; ICICI, SBI leadRead More »

ICICI Bank, Vedanta, SBI, L&T, BHEL, Idea Cellular, Cairn India and Tata Power were early gainers, up around a percent each. Dr Reddy’s Labs, Bharti Airtel, GAIL, Hero Motocorp, Infosys and HCL Technologies were losers.

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