2:00 pm: Indian shares witness a choppy day in trade with
benchmark indices Sensex and Nifty turning lower after trading mildly
positive for most part of the day.
Both indices are now trading about
0.1 percent lower, even as mid and small caps still exhibit some strength,
putting smaller-than-before 0.1 percent and 0.6 percent gains.
The advances-decline ratio,
however, is still favourable with 1,612 stocks rising for 1,323 stocks
falling on the BSE bourse.
In sector movers, oil & gas
and consumer non-durable stocks have given early gains while telecom, capital
goods and metals are still up 0.5 to 1 percent.
Earlier through the day, the rupee
hit a one-month low to 61.8 to the US dollar in a move that dealers
attributed to private oil firms buying the greenback.
Globally, Asia traded mixed the
Nikkei (up 2.2 percent) and Singapore (up 0.6 percent) rising while the Hang
Seng and Shanghai indices fell 1.1 percent and 0.7 percent, respectively. Key
European markets are broadly marginally higher in early trade. More
information please visit this site www.bigprofitbuzz.com
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