Sensex, Nifty firm on auto & banks support; metals slip

The market continues to rise supported by auto, banks and FMCG stocks while metals are dragging. The Sensex is up 155.39 points or 0.6 percent at 24873.38, and the Nifty is up 46.20 points or 0.6 percent at 7556.40. About 1368 shares have advanced, 715 shares declined, and 136 shares are unchanged.

ICICI Bank, Tata Motors, Adani Ports, GAIL and Axis Bank are top gainers while Coal India, Bharti Airtel, Bajaj Auto, Dr Reddy’s and Wipro are losers in the Sensex.

Crude oil futures fell Rs 17 to Rs 2,578 per barrel today as speculators offloaded positions amid a weak trend in the Asian markets.

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Posted in: Indian Market Tips