Mumbai: Domestic stock markets started flat. The Sensex was trading at 15,341, down 15 points, while the Nifty was down 10 points at 11,118. Analysts estimate that both key indicators are likely to continue to oscillate in the face of international negative signs. All sectors of pharma and auto are stagnant.
Asian Paints, Tata Motors, HUL, M&M, ICICI, LLT, NTPC, and Maruti are the other gainers. Titan has been heavily hit with weak quarterly forecasts. YS Bank has plunged another 8 percent. In addition, HCL, TCS, UPL, Grasim, Axis, Sun Pharma, and ONGC are losing out. On the other hand, the domestic currency is weak on the dollar. The trading commenced on Wednesday with a loss of 16 paise. 71.18 compared to 71.02 on Monday. Holidays to the markets on the occasion of Vijayadashami Mountain on Tuesday.
Domestic stock markets started with gains. The benchmark Sensex, which rose 200 points from its initial forecast of RBI interest rate cuts, continues to gain momentum. At 49711, the Nifty was trading at 11489 with a 16 point slight gain. Shares of almost all sectors are stagnant. Shares in the oil sector continue to be profitable. IndusInd Bank, Tata Steel, Coal India, HCLTech, TCS; Grasim and Bharti Infratel are losing, while BPCL, IOC, USBank, MANDM, HUL, Sun Pharma and Asian Paints are benefiting.