Market At Close | Sensex and Nifty50 off day’s lows as banking stocks help market trim losses
Here are some highlights:
–Bajaj Auto shares down four percent on weak monthly sales and muted near-term outlook
–Ashok Leyland, Maruti, TVS, Tata Motors report in line or better-than-expected monthly sales
–Tractor majors M&M, Escorts sales better than estimates
–Hindalco, Vedanta, Nalco slip on weak global prices
–IT stocks drags market
–Nifty IT top loser among NSE’s sectoral gauges
–Astral jumps five percent on positive commentary in analyst meet
–Delta Corp drops three percent after Rakesh Jhunjhunwala cuts stake in co
–ICICI Prudential, Torrent Power, BEL, Astral, Voltas, HAL, Dr Lal top midcap gainers
–Syngene, Piramal Enterprises, SRF, Marico, Mphasis top midcap losers
–Market breadth favours bulls, advance-decline ratio at 5:4