Friday, 12 January 2018

Sensex, Nifty off record highs; RIL, Vedanta, Maruti top gainers

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Equity benchmarks were trading higher but were off record highs. Banks, auto and metal stocks gained while IT, pharma and select FMCG stocks were under pressure.

The 30-share BSE Sensex was up 99.19 points at 34,602.68 and the 50-share NSE Nifty gained 28.10 points at 10,679.30.

About three shares advanced for every two shares falling on the BSE.

TCS fell nearly 1 percent on profit booking. Brokerage houses maintained their ratings following in-line numbers.

Infosys gained 0.5 percent ahead of Q3 earnings later today. A CNBC-TV18 poll expects 1 percent growth in dollar revenue.

Vedanta, IOC and Indiabulls Housing Finance were other gainers.


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