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Markets live: Sensex wipes off early losses

  • 9.40am
  • The Sensex and the Nifty wiped off their early losses and were trading marginally in the green.
  • The 30-share BSE index Sensex was trading up 29.14 points or 0.1 per cent at 28,367.19 and the 50-share NSE index Nifty was trading up 3.8 points or 0.04 per cent at 8,466.90.
  • Stocks to watch out for: MRF result on analysts’ radar
  • Today's Pick: Rolta India (₹105.8)
  • New listing: Ajit Paper lists on BSE
  • 9.15 am
  • The Sensex and the Nifty opened the session marginally in the red on sustained selling by funds and retail investors in select stocks amid firm global cues.
  • Sectoral indices
  • Consumer durables index was up 0.84 per cent, followed by power 0.81 per cent, FMCG 0.73 per cent and PSU 0.7 per cent, while realty index down 0.64 per cent, banking (-0.21 per cent), TECk (-0.13 per cent) and auto (-0.04 per cent) lost investors' support.
  • Gainers, losers
  • GAIL, BHEL, ITC, Tata Power and M&M were the major BSE gainers, while the top five losers were Bajaj Auto, Hindalco, Bharti Airtel, Tata Motors and HDFC Bank.
  • Crude oil: Crude oil extends losses ahead of OPEC meet
  • Asian markets
  • Asian stocks edged up on Wednesday after upbeat US economic growth data calmed investor anxiety over a deteriorating global outlook.
  • MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.3 per cent. Nikkei 225 was down 13 points at 17,394, while Hang Seng was up 29.46 points at 23,873.37.
  • Wall Street
  • US stocks had ended little changed on Tuesday as the US economy grew more than expected last quarter but soft readings on consumer confidence and house prices kept major indexes in a tight range.
  • The Dow Jones industrial average fell 2.96 points to 17,814.94, the S&P 500 lost 2.38 points to 2,067.03 and the Nasdaq Composite added 3.36 points to 4,758.25.
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