The BSE Sensex is trading at 27,455 down 35
points, while NSE Nifty is trading at 8,312 down 20 points. The BSE Mid-cap
Index is trading up 0.22% at 10,573, whereas BSE Small-cap Index is trading up
0.34% at 11,208. Some buying activity is seen in IT, healthcare, capital goods
and consumer durables sectors, while banking, fmcg and power sectors are
showing weakness on BSE. TCS, ONGC, Tata Steel, Tata Motors and Wipro are among
the gainers, whereas Bharti Airtel, Bajaj Auto, NTPC, ITC and Coal India are
losing sheen on BSE.
The market may have heaved a sigh of
relief as it rallied past the 200-DMA. For lack of other triggers, it is the
technicals most investors are paying attention to for short-term movements. The
Nifty surged past the 8300 mark with the Sensex surging over 500 points intra-day led by Reliance, HDFC,
ONGC, Infosys and ITC.
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