Indian markets have started with a decline due to poor foreign markets. The Sensex has slipped below 40,600, down by almost 100 points, while the Nifty is trading with a drop of 35 points. It is also trying to stick above 11,900.
Talk about sectoral index, Nifty Bank is still sluggish, it is trading with a fall of more than 100 points. At present, Bank Nifty remains above 24500. In the remaining sectors, auto, metal, pharma and realty are trading with a decline of one-fourth to one percent.
At present, 17 of the 50 Nifty stocks are up, the remaining 33 stocks are down, only 9 stocks of the Sensex are up, the remaining 21 stocks are down.
ICICI Bank falling in Nifty , Dr. Reddy’s, Hindalco, Asian Paints, Power Grid, Hero MotoCorp, Eicher Motors, Tata Motors
Britannia, Bajaj Finserv, Bajaj Finance, Adani Ports, Bharti Infratel, ONGC, HUL, Wipro, Ultratech Cement to climb Nifty
Bank Nifty sell
ICICI Bank, Bandhan Bank, Federal Bank, SBI, RBL Bank Kotak Mahindra Bank, Bank of Baroda, IndusInd Bank, HDFC Bank,
slowed down, Motherson Sumi, Hero MotoCorp, Eicher Motors, Tata Motors, M&M, TVS Motors, Bharat Forge, Bajaj Auto
IT stocks fall
L&T Infotech, TCS, Tech Mahindra, Infosys, HCL Tech
Weakness in Pharma stocks:
Aurobindo Pharma, Dr. Reddy’s, Cipla, Sun Pharma, Cadila Health, Alchem, Biocon