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Tuesday, 30 September 2014

IT stocks up, autos in focus; Sensex, Nifty sluggish


The market is trading listlessly. The Sensex is down 37.97 points at 26592.54 and the Nifty is down 13.10 points at 7951.70. About 1189 shares have advanced, 1121 shares declined, and 100 shares are unchanged.
 
Auto companies are in focus as September sales are announced. Wipro, TCS, Infosys, Hero MotoCorp and NTPC are top gainers while Maruti, Tata Steel, GAIL, ITC and ONGC are laggards. 

Globally, Asia is mixed. Hong Kong and China are closed for trade. However, Hong Kong continues to be in focus as pro-democracy rallies in Hong Kong have entered into their 5th day. From currencies the yen trades at the lowest since August 2008 and the Indian rupee continues to trade close to seven month lows. More information please visit this site www.bigprofitbuzz.com



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