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Sensex, Nifty volatile; Hero Moto, Bajaj Auto lead gainers

Bajaj Auto and Hero Motocorp topped buying list on Sensex, up 2-3 percent while ITC, Hindalco Industries and Vedanta dropped 2-3 percent.

12:00

TheNewsInternational Team

12:15 pm Rupee outlook:

Ray Farris, director, Credit Suisse says he expects the euro-dollar falling over the next three months and believes it can see parity over the next year. On the rupee front, he expects the currency to go to levels of 67 against the dollar in the next three months and 68.50 over the next year.

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12:00 pm Market Check

Equity benchmarks continued to be volatile but the broader markets maintained their outperformance. Infrastructure, technology, oil and select banks stocks gained strength while FMCG, metals and HDFC twins dragged.

The 30-share BSE Sensex rose 13.73 points to 25882.22 and the 50-share NSE Nifty gained 8 points at 7864.55. The BSE Midcap index climbed half a percent and Smallcap advanced 0.7 percent.

The market breadth remained positive as about 1434 shares advanced against 859 declining shares on the BSE.

Bajaj Auto and Hero Motocorp topped buying list on Sensex, up 2-3 percent while ITC, Hindalco Industries and Vedanta dropped 2-3 percent.

11:00

Nifty holds 7850, rupee at 2-week low; ITC, Hindalco fall

Hero MotoCorp, Bajaj Auto, Dr Reddy’s Labs, BHEL and Lupin are top gainers while Hindalco, Vedanta, ITC, Tata Steel and Cipla are losers in the Sensex.

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10:00

Sensex, Nifty consolidate; Midcap, Smallcap outperformRead More »

Among midcaps, Vakrangee, Godfrey Phillip, Responsive Industries, SpiceJet and HSIL rallied 5-10 percent while Sun Pharma Advanced, Whirlpool, Page Industries, Max India and Bombay Dyeing fell 2-2.5 percent.

Read More »

09:15

Sensex, Nifty flat; Tata Motors, Infosys down 1%Read More »

Dr Reddy’s Labs, ICICI Bank, Bajaj Auto, NTPC and TCS are top gainers while Tata Motors, Vedanta, Infosys, Maruti and Hindalco are losers.

Read More »

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