Shares of Infosys, HUL, ONGC and BHEL topped the buying list on Sensex, up 1-3 percent. Bajaj Auto gained 1.5 percent ahead of third quarter earnings, which is scheduled to be announced on Thursday.
14:20
Moneycontrol Bureau Equity benchmarks recouped losses. The Sensex fell 34.83 points to 27390.90 and the Nifty declined 18.95 points to 8280.45. About 1165 shares have advanced, 1542 shares declined, and 348 shares are unchanged on the BSE.Shares of Infosys, HUL, ONGC and BHEL topped the buying list on Sensex, up 1-3 percent. Bajaj Auto gained 1.5 percent ahead of third quarter earnings, which is scheduled to be announced on Thursday. The two-wheeler maker's third quarter profit is expected to fall 6 percent Y-o-Y to Rs 850 crore for the quarter ended December 2014, according to CNBC-TV18 poll. Profit in the year-ago quarter was Rs 904 crore.
However, Hindalco Industries and Sesa Sterlite tanked 6 percent each followed by Tata Steel and ITC with 3 percent loss. Reliance Industries, ICICI Bank, Sun Pharma and Wipro fell over 1 percent.
13:00
What fails to cheer the market is better than estimated WPI data for December. Lower food and manufacturing products inflation support the data while clamour for a rate cut before the February RBI policy rises.
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12:00
Food inflation was 5.2 percent against 0.63 percent in previous month while manufactured products inflation declined to 1.57 percent from 2.04 percent during the same period.
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11:00
HUL, BHEL, Bajaj Auto, and HDFC twins are top gainers in the Sensex. Among the losers are Sesa Sterlite, Hindalco, ITC, Tata Steel and GAIL.
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10:00
Hindustan Unilever, which snapped six-day rally in previous session, resumed rally again. The stock gained 2.4 percent followed by BHEL and Bajaj Auto with 1-2 percent gain.
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09:15
TCS, Tata Motors, BHEL, Wipro and Hero are top gainers while ITC, ICICI Bank, Sesa Sterlite, Dr Reddy's Labs and Hindalco are among the laggards.
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