Friday 2 September 2016

Sensex, Nifty flat; Bajaj Auto, Tata Steel major laggards

The market is still in green but struggling below 8800. The Nifty is up 5.30 points at 8779.95 and the Sensex is up 46.80 points at 28470.28. About 1352 shares have advanced, 846 shares declined, and 122 shares are unchanged. 

Adani Ports, Maruti, Tata Motors, HDFC and Asain Paints are top gainers whule Reliance, Coal India, Bajaj Auto, Tata Steel and Infosys were losers in the Sensex. 

Crude prices rose after losses of more than 3 percent a day earlier, with investors treading cautiously ahead of key US employment data that will help gauge the health of the world's largest economy and oil consumer. 

Brent crude had climbed 27 cents to USD 45.72 a barrel by 0426 GMT, while US West Texas Intermediate crude futures were up 24 cents at USD 43.40 a barrel, buoyed by a weaker dollar.

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