Live stock market tips- Market up over 150 pts, Nifty above 11,750; IT stocks under pressure
Shares of Tata Motors added nearly 3 percent despite the company reporting muted sales for April 2019. Domestic sales dropped by 20 percent, commercial sales went down by 18 percent, exports declined 53 percent compared to the year-ago period
IT stocks are trading in the red today, down 1.36 percent on Nifty. All the constituent stocks are trading in the negative, with, HCL Technologies being the biggest loser, down 2.43 percent on Nifty.
It is flat start for the benchmark indices on May 3 with.
The Sensex is up 41.39 points at 39022.82, while Nifty is up 10.90 points at 11735.70. About 318 shares have advanced, 187 shares declined, and 31 shares are unchanged.
Yes Bank, IOC, Sun Pharma, Bharti Infratel, Coal India, HDFC, Bombay Dyeing, Suntech Realty, NFL, Orient Papers, Tata Power are among major gainers, while losers are Laurus Lab, Jet Airways, L&T Infotech, TCS and Infosys. Indian indices are trading higher in the pre-opening session.source- www.moneycontrol.com
At 09:01 hrs IST, the Sensex is up 104.26 points or 0.27% at 39085.69, and the Nifty up 30.70 points or 0.26% at 11755.50.
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