Share tips
Sensex trades mildly higher; Nifty around 11,100
All sectoral indices are trading in the green, with gains seen among banks, auto, FMCG, and metal names, among others.
Benchmarks have given up all of their gains and are trading in the flat-to-negative terrain.
Selling among FMCG names along with PSU banks have weighed on the market. However, midcaps are outperforming the benchmarks so far.
The Sensex is down 24.61 points or 0.07% at 36627.45, while the Nifty is higher by 3.60 points or 0.03% at 11071.10. The market breadth is positive as 1,127 shares advanced, against a decline of 600 shares, while 98 shares were unchanged.
Shares of PSP Projects have risen 3 percent on the back of ratings upgrades by CARE Ratings to its long term bank facilities. The details of the upgrade can be seen in the table below, which was provided by the firm in its exchange filing.
Avenue Supermarts, the operator of D-Mart chain of retail stores, is trading higher by around 3 percent as investors cheered a ratings upgrade to its bank facilities.
Equity benchmarks are off their opening highs, with the Sensex trading around 100 points higher. The Nifty is trading around 11,100-mark.
The Nifty IT index has seen selloff, while the FMCG index has given up all of its gains. Financials, too, have erased a major chunk of gains as well. Meanwhile, strength has continued in the pharmaceuticals space, with the Nifty Pharma index rising over 1 percent. source- www.moneycontrol.com
The Sensex is up 93.86 points or 0.26% at 36745.92, while the Nifty is higher by 26.50 points or 0.24% at 11094.00. The market breadth is positive as 914 shares advanced, against a decline of 465 shares, while 67 shares were unchanged.
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