05:28
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The market remained rangebound with the Nifty marginally weak near the 8750 level as select FMCG and financial stocks dragged. BSE Midcap and Smallcap indices outperformed by a significant margin today, up 0.7 percent each.
The Sensex fell 41.41 points to 28843.80 and the Nifty declined 12.55 points to 8765.75. About 1448 shares have advanced, 849 shares declined, and 140 shares are unchanged on the BSE.
Asian markets continued their positive momentum, trading higher across the board after China’s consumer inflation held steady in March. Brent traded strong near USD 57 per barrel.
Shares of HDFC Bank, ITC, HDFC, TCS, ICICI Bank, Sun Pharma, Tata Motors, Axis Bank and Tata Motors slipped 0.4-1 percent while Infosys, SBI, Sesa Sterlite, BHEL and Tata Power gained 1-1.6 percent.
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Posted in: Indian Market Tips
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