After beginning the day at record highs, shares have given up all of their gains and trading around the flat line. The Nifty has given up 11,400-mark as well. A drag in financials, which were the biggest gainers on Monday, has hit the market on Tuesday morning.
The Sensex is up 9.05 points or 0.02% at 37700.94, while the Nifty is up 2.80 points or 0.02% at 11389.90. The market breadth is positive as 1,078 shares advanced, against a decline of 625 shares, while 94 shares are unchanged.
Among sectoral indices, metal remains the top gainer, while banks, pharma and energy names have lost the most. The Midcap index too has lost some sheen and is up just round 0.10 percent. Among stocks, shares of Adani Power have fallen 10 percent intraday after the firm’s net loss widened to Rs 825 crore in the June quarter. Metal stocks are up in trade, with gains from Vedanta and Hindalco aiding the rally.
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Source: https://www.moneycontrol.com/news/business/markets/market-live-sensex-midcaps-up-banks-hit-2812671.html
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