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The market is still in red as the Sensex is down 53.89 points at 27783.32 and the Nifty is down 16.00 points at 8407.25. About 857 shares have advanced, 1189 shares declined, and 151 shares are unchanged.
FMCG and metal stocks are dragging the market. Tata Steel is down 5 percent while Vedanta, Cipla, ITC and GAIl are major laggards in the Sensex. Among the gainers are Coal India, Axis Bank, Bajaj Auto, Tata Motors and L&T.
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Posted in: Indian Market Tips
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