Thursday 26 June 2014

Market edges lower as oil & gas stocks slump

Some buying activity is seen in healthcare, capital goods and auto on BSE, while banking, power realty, oil & gas, IT and FMCG sectors are showing weakness.


BSE Sensex is trading down 142 points at 25,171, while S&P Nifty is trading down 40 points at 7,529. 

BSE Mid-cap is up 0.13% at 9,220, while BSE Small-cap is down 0.06% at 10,007.

Some buying activity is seen in healthcare, capital goods and auto on BSE, while banking, power realty, oil & gas, IT and FMCG sectors are showing weakness. 

L&T, Dr Reddy's Lab, Wipro, BHEL and M&M are among the gainers, whereas ONGC, RIL, NTPC, Gail and HDFC are losing sheen on BSE. 

SEBI Chairman UK Sinha today said that the regulator has recommended tax measures for mutual fund industry to the government.

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