The markets have been trading in a lacklustre manner in the past one hour. The indices had started the day on a negative note, tracking weak global cues. The Sensex is now quoting at 17,376, down 45 points, and the Nifty is at 5,195, down 14 points.
M&M has weakened by 2.5% to Rs 1161 to emerge as the top loser on the Nifty.
Rate-sensitive stocks such realty and banking are facing the brunt of selling pressure n this morning's trades. Unitech, DLF, ICICI Bank and SBI have declined more than 1.5% each.
On the other hand, the IT stocks have continued their good run from the previous day. TCS leads the list of Nifty gainers, having strengthened by 2.5% at Rs 769, Wipro has also added 2.5% and is trading at Rs 711 and Infosys has moved up by 1.5% at Rs 2627.
Cement stocks are also trading firm. ACC is up 1.6% at Rs 913 and Ambuja Cement is trading higher by 1.5% at Rs 105.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app