Market Highlights
Equity benchmarks opened flat on Thursday, the expiry day for November series derivative contracts. The Sensex fell 13.62 points to 28372.57 and the Nifty declined 3.55 points to 8472.20. About 491 shares have advanced, 215 shares declined, and 24 shares are unchanged on the Bombay Stock Exchange. Tata Power, NTPC, Sun Pharma, Gail India, M&M, Asian Paints, BPCL and ACC gained 0.6-1 percent while ITC, ONGC, Tata Motors, Bharti Airtel, Dr Reddy's Labs and DLF lost 0.7-1.7 percent.
Market Trends
• Indian ADRs ended mostly higher on Wednesday.
• In the IT space, Infosys rose 1.48 percent at USD 69.87.
• Wipro added 0.55 percent at USD 12.85.
• In the banking space, ICICI Bank was down 0.28 percent at USD 57.59.
• HDFC Bank rose 0.95 percent at USD 51.87.
• In the other sectors, Tata Motors slipped 2.73 percent at USD 44.83.
• Dr Reddy’s Laboratories gained 1.27 percent at USD 58.24.
The Sensex was up 30 points to 28,417 while Nifty edged up to 8,484.However, some buying was seen in midcap and smallcap stocks with both their indices on the BSE rising nearly 0.3 per cent.
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