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Wednesday, June 27, 2018

Market Live: Sensex, Nifty open flat; IT stocks outperform as rupee dips to 68.53/$


Asian shares traded mixed amid trade concerns.

Benchmark indices traded flat in the opening on Wednesday despite weakness in Asian stocks due to trade tensions.

The Sensex rose 37.63 points to 35,527.67 while the Nifty fell 0.90 points to 10,768.30.

Bharti Infratel, Zee Entertainment, NTPC, UltraTech Cement, Dr Reddy's Labs, Reliance Industries and HDFC Bank are under pressure.

Aurobindo, Sun Pharma, M&M, Tata Motors, HCL Technologies, Infosys, Yes Bank, Titan Company, Kotak Mahindra Bank and Tech Mahindra are early gainers.

Nifty Midcap and Bank indices are flat.

IndusInd Bank hit fresh record high, up 0.24 percent.

Bata India, Godrej Consumer, Hexaware and Jubilant Foodworks also hit new high.

Future Retail, Majesco and Mphasis gained.

Fortis Healthcare, IDBI Bank, Adani Enterprises and Ashok Leyland fell 0.5-3 percent.

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Source: https://www.moneycontrol.com/news/business/markets/market-live-sensex-nifty-open-flat-it-stocks-outperform-as-rupee-dips-to-68-53-2638651.html

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