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Tuesday, 21 October 2014

Sensex, Nifty sluggish; PNB, HDFC Bank in focus post Q2 nos

The market is sluggish with the Nifty falling below 7900-level. The 50-share index is up 16.90 points at 7896.30. The Sensex is up 47.36 points at 26477.21. About 1354 shares have advanced, 1165 shares declined, and 111 shares are unchanged.

 Both PNB and HDFC Bank are in focus after it announced July-September quarter earnings. PNB is down around 1 percent as its asset quality worsened in the quarter. HDFC reported net interest margin at 4.5 percent with net profit at Rs 2380 crore. The stock is up 1 percent.

GAIL, Sesa Sterlite, BHEL, Wipro and Bharti Airtel are top gainers in the Sensex. Among the losers are ONGC, M&M, Coal Indi, ITC and Sun Pharma. More information please visit this site

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