Friday 26 December 2014

Sensex, Nifty trade sideways

The BSE Sensex after swinging in a range of near 300-odd points, has been moving sideways in a narrow 80-point range for the last couple of hours.

The Sensex is now down 62 points at 27,147. The NSE Nifty has declined 17 points to 8,157.

Zee Entertainment, ICICI Bank and ITC have slipped 1.2 per cent each to Rs. 376, Rs. 349 and Rs. 367, respectively.

Ambuja Cement, Maruti Suzuki and Axis Bank have declined over a per cent each to Rs. 224, Rs. 3,331 and Rs. 489, respectively.

Tata Steel, Grasim, NMDC and Mahindra & Mahindra are the other prominent losers.

On the other hand, Tech Mahindra, Punjab National Bank and DLF have rallied over a per cent each to Rs. 2,550, Rs. 223 and Rs. 133, respectively.

Bank of Baroda, HCL Technologies and Infosys are the other notable gainers.

The breadth is marginally negative - out of 1,734 stocks traded so far on the NSE, 762 have declined and 700 have advanced.

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