Sensex, Nifty remain sluggish;Adani Ports, NTPC, ONGC, Hero MotoCorp and Dr Reddy's Labs are gainers

The market remains in bear trap as the Sensex is down 136.67 points or 0.6 percent at 23417.45. The Nifty slips 50.40 points or 0.7 percent at 7112.55. About 711 shares have advanced, 1674 shares declined, and 106 shares are unchanged. Adani Ports, NTPC, ONGC, Hero MotoCorp and Dr Reddy's Labs are top gainers while SBI, L&T, Axis Bank, Sun Pharma and Lupin are major losers in the Sensex. 

Asian shares extended gains as a combination of stabilising Chinese markets, rebounding oil prices and solid US consumption data prompted investors to look for bargains after last week's rout. European shares were also expected to build on Monday's strong start, with spreadbetters seeing both Germany's DAX and France's CAC 40 rising up to 0.7 percent and Britain's FTSE 0.4 percent.

Concerns over the health of European banks, the pain of cheap oil prices on energy producers and worries about slowdowns in the US and Chinese economies pushed the world's share prices to 2-2.5-year lows last week.

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The market remains in bear trap as the Sensex is down 136.67 points or 0.6 percent at 23417.45. The Nifty slips 50.40 points or 0.7 percent at 7112.55. About 711 shares have advanced, 1674 shares declined, and 106 shares are unchanged. Adani Ports, NTPC, ONGC, Hero MotoCorp and Dr Reddy's Labs are top gainers while SBI, L&T, Axis Bank, Sun Pharma and Lupin are major losers in the Sensex. Asian shares extended gains as a combination of stabilising Chinese markets, rebounding oil prices and solid US consumption data prompted investors to look for bargains after last week's rout. European shares were also expected to build on Monday's strong start, with spreadbetters seeing both Germany's DAX and France's CAC 40 rising up to 0.7 percent and Britain's FTSE 0.4 percent. Concerns over the health of European banks, the pain of cheap oil prices on energy producers and worries about slowdowns in the US and Chinese economies pushed the world's share prices to 2-2.5-year lows last week.

The market remains in bear trap as the Sensex is down 136.67 points or 0.6 percent at 23417.45. The Nifty slips 50.40 points or 0.7 percent at 7112.55. About 711 shares have advanced, 1674 shares declined, and 106 shares are unchanged. Adani Ports, NTPC, ONGC, Hero MotoCorp and Dr Reddy's Labs are top gainers while SBI, L&T, Axis Bank, Sun Pharma and Lupin are major losers in the Sensex. Asian shares extended gains as a combination of stabilising Chinese markets, rebounding oil prices and solid US consumption data prompted investors to look for bargains after last week's rout. European shares were also expected to build on Monday's strong start, with spreadbetters seeing both Germany's DAX and France's CAC 40 rising up to 0.7 percent and Britain's FTSE 0.4 percent.The market remains in bear trap as the Sensex is down 136.67 points or 0.6 percent at 23417.45. The Nifty slips 50.40 points or 0.7 percent at 7112.55. About 711 shares have advanced, 1674 shares declined, and 106 shares are unchanged. Adani Ports, NTPC, ONGC, Hero MotoCorp and Dr Reddy's Labs are top gainers while SBI, L&T, Axis Bank, Sun Pharma and Lupin are major losers in the Sensex. Asian shares extended gains as a combination of stabilising Chinese markets, rebounding oil prices and solid US consumption data prompted investors to look for bargains after last week's rout. European shares were also expected to build on Monday's strong start, with spreadbetters seeing both Germany's DAX and France's CAC 40 rising up to 0.7 percent and Britain's FTSE 0.4 percent.The market remains in bear trap as the Sensex is down 136.67 points or 0.6 percent at 23417.45. The Nifty slips 50.40 points or 0.7 percent at 7112.55. About 711 shares have advanced, 1674 shares declined, and 106 shares are unchanged. Adani Ports, NTPC, ONGC, Hero MotoCorp and Dr Reddy's Labs are top gainers while SBI, L&T, Axis Bank, Sun Pharma and Lupin are major losers in the Sensex. Asian shares extended gains as a combination of stabilising Chinese markets, rebounding oil prices and solid US consumption data prompted investors to look for bargains after last week's rout. European shares were also expected to build on Monday's strong start, with spreadbetters seeing both Germany's DAX and France's CAC 40 rising up to 0.7 percent and Britain's FTSE 0.4 percent.

The market remains in bear trap as the Sensex is down 136.67 points or 0.6 percent at 23417.45. The Nifty slips 50.40 points or 0.7 percent at 7112.55. About 711 shares have advanced, 1674 shares declined, and 106 shares are unchanged. Adani Ports, NTPC, ONGC, Hero MotoCorp and Dr Reddy's Labs are top gainers while SBI, L&T, Axis Bank, Sun Pharma and Lupin are major losers in the Sensex. Asian shares extended gains as a combination of stabilising Chinese markets, rebounding oil prices and solid US consumption data prompted investors to look for bargains after last week's rout. European shares were also expected to build on Monday's strong start, with spreadbetters seeing both Germany's DAX and France's CAC 40 rising up to 0.7 percent and Britain's FTSE 0.4 percent.

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-nifty-remain-sluggish-adani-ports-hero-drl-gain_5507021.html?utm_source=ref_articleThe market remains in bear trap as the Sensex is down 136.67 points or 0.6 percent at 23417.45. The Nifty slips 50.40 points or 0.7 percent at 7112.55. About 711 shares have advanced, 1674 shares declined, and 106 shares are unchanged. Adani Ports, NTPC, ONGC, Hero MotoCorp and Dr Reddy's Labs are top gainers while SBI, L&T, Axis Bank, Sun Pharma and Lupin are major losers in the Sensex. Asian shares extended gains as a combination of stabilising Chinese markets, rebounding oil prices and solid US consumption data prompted investors to look for bargains after last week's rout. European shares were also expected to build on Monday's strong start, with spreadbetters seeing both Germany's DAX and France's CAC 40 rising up to 0.7 percent and Britain's FTSE 0.4 percent.

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-nifty-remain-sluggish-adani-ports-hero-drl-gain_5507021.html?utm_source=ref_articleThe market remains in bear trap as the Sensex is down 136.67 points or 0.6 percent at 23417.45. The Nifty slips 50.40 points or 0.7 percent at 7112.55. About 711 shares have advanced, 1674 shares declined, and 106 shares are unchanged. Adani Ports, NTPC, ONGC, Hero MotoCorp and Dr Reddy's Labs are top gainers while SBI, L&T, Axis Bank, Sun Pharma and Lupin are major losers in the Sensex.

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-nifty-remain-sluggish-adani-ports-hero-drl-gain_5507021.html?utm_source=ref_articleThe market remains in bear trap as the Sensex is down 136.67 points or 0.6 percent at 23417.45. The Nifty slips 50.40 points or 0.7 percent at 7112.55. About 711 shares have advanced, 1674 shares declined, and 106 shares are unchanged. Adani Ports, NTPC, ONGC, Hero MotoCorp and Dr Reddy's Labs are top gainers while SBI, L&T, Axis Bank, Sun Pharma and Lupin are major losers in the Sensex.

Read more at: http://www.moneycontrol.com/news/local-markets/sensex-nifty-remain-sluggish-adani-ports-hero-drl-gain_5507021.html?utm_source=ref_article