The benchmark BSE index rises 0.04 percent, while the broader NSE index is down 0.04 percent, on gains led by IT stocks. However, shares of Tata Motors fell as much as 5.4 percent, heading towards their biggest daily fall in more than a year after third-quarter profit missed analyst estimates.
Today Market Status
• The S&P energy index jumped 1.5 percent as oil prices.
• India's three-day cash rate lower at 7.75/7.80 percent.
• Oh BSE index gains 0.37 pct; NSE index up 0.36 pct.
• Financial stocks lead gainers post HDFC Bank share sale.
• IT stocks gain on rival Cognizant's strong guidance.
• India's generic drugmaker Aurobindo Pharma falls 4.5 pct.
• Co's Dec-qtr net profit falls 8 pct to 3.84 bln rupees ($62.1 mln).
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The S&P BSE Sensex slipped as much as 129 points in mid-morning trade on Friday, led by losses in Tata motors, HDFC Bank, ICICI Bank and M&M.
The market has slipped into red dragged by auto stocks. The Sensex down 62.27 points at 28788.70. The Nifty is down 25.30 points at 8686.40. About 642 shares have advanced, 1658 shares declined, and 204 shares are unchanged.
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