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Epic Update Jubilant FoodWorksThe market continued to be volatile in morning trade with the Nifty hovering around 7740 level despite weak global cues.
The 30-share BSE Sensex rose 29.30 points to 25259.66 and the 50-share NSE Nifty was up 8.20 points at 7739.25. The market breadth was marginally positive as about 866 shares declined against 790 advancing shares on Bombay Stock Exchange.
Index heavyweights Reliance Industries, HDFC and ITC gained over half a percent. Tata Motors, ICICI Bank, NTPC and Cipla climbed 1-2 percent while Infosys, L&T, TCS, Sun Pharma, ONGC and Bharti Airtel were down 0.5-1 percent.
Jubilant Foodworks lost 8 percent and Britannia fell 1 percent despite companies’ denial of using potassium bromate or iodate in bread/flour.
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Posted in: Indian Market Tips
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