The Sensex and the Nifty were trading marginally in the red with a negative bias amid firm Asian cues.
At 11.25 a.m., the Sensex was trading down 19.7 points or 0.1 per cent at 19,419.78 and the Nifty was trading down 1.2 points or 0.02 per cent at 5,860.20.
On the BSE, consumer durables index was up 1.95 per cent, followed by healthcare 0.85 per cent, IT 0.7 per cent and banking 0.41 per cent. On the other hand, auto index was down 0.81 per cent, followed by metal 0.63 per cent, FMCG 0.3 per cent and realty 0.25 per cent.
Sun Pharma, Tata Power, Cipla, Infosys and SBI were the top five Sensex gainers, while the top five losers were Tata Motors, HUL, Tata Steel, Sterlite and Jindal Steel.
On the global front, Asian shares remained muted on Wednesday after data showed Chinese exports fell for the first time since January 2012, adding to sentiment that its economy continues to lose steam.
Asian markets were buoyed by Wall Street's gains on optimism about corporate earnings. But the gains were limited after report showed Chinese exports unexpectedly fell in June.
China reported a 3.7 per cent drop in exports and 0.7 fall in imports, signalling that global economy is not growing as it is deemed to be and the weakness could persist.
Also, participants await the minutes of the Fed meet today as the US Federal Reserve Chairman Ben S. Bernanke is expected to spell out the country’s policy on whether the programme to boost the economy will continue.
Nikkei fell 129.89 points or 0.9 per cent at 14,343.00, Hang Seng was down 14.7 points or 0.07 per cent at 20,668.30 and S&P/ASX 200 was up 14.15 points or 0.29 per cent at 4,895.80.
At 11.25 a.m., the Sensex was trading down 19.7 points or 0.1 per cent at 19,419.78 and the Nifty was trading down 1.2 points or 0.02 per cent at 5,860.20.
On the BSE, consumer durables index was up 1.95 per cent, followed by healthcare 0.85 per cent, IT 0.7 per cent and banking 0.41 per cent. On the other hand, auto index was down 0.81 per cent, followed by metal 0.63 per cent, FMCG 0.3 per cent and realty 0.25 per cent.
Sun Pharma, Tata Power, Cipla, Infosys and SBI were the top five Sensex gainers, while the top five losers were Tata Motors, HUL, Tata Steel, Sterlite and Jindal Steel.
On the global front, Asian shares remained muted on Wednesday after data showed Chinese exports fell for the first time since January 2012, adding to sentiment that its economy continues to lose steam.
Asian markets were buoyed by Wall Street's gains on optimism about corporate earnings. But the gains were limited after report showed Chinese exports unexpectedly fell in June.
China reported a 3.7 per cent drop in exports and 0.7 fall in imports, signalling that global economy is not growing as it is deemed to be and the weakness could persist.
Also, participants await the minutes of the Fed meet today as the US Federal Reserve Chairman Ben S. Bernanke is expected to spell out the country’s policy on whether the programme to boost the economy will continue.
Nikkei fell 129.89 points or 0.9 per cent at 14,343.00, Hang Seng was down 14.7 points or 0.07 per cent at 20,668.30 and S&P/ASX 200 was up 14.15 points or 0.29 per cent at 4,895.80.
No comments:
Post a Comment