The market is absolutely flat as the Sensex is up 9.32 points at 28455.44, and the Nifty down 1.20 points at 8606.85. About 1231 shares have advanced, 1022 shares declined, and 142 shares are unchanged.
The market is absolutely flat as the Sensex is up 9.32 points at 28455.44, and the Nifty down 1.20 points at 8606.85. About 1231 shares have advanced, 1022 shares declined, and 142 shares are unchanged. BHEL, Tata Steel, Sun Pharma, Bharti Airtel and Hindalco are top gainers in the Sensex. Among the losers are HDFC, Coal India, HUL, Axis Bank and Tata Motors. Oil prices edged up but further gains are unlikely, analysts said, owing to ongoing concerns about a global supply glut, while increasing dollar strength will also likely weigh on the downside. Crude investors continue to fret as the global economy struggles to get back up to speed, despite a strong pick-up in the United States, the world's biggest oil consumer. While fears over the Greek debt crisis abate, prices took a hit this week after crude-rich Iran and world powers agreed a historic deal to check the country's nuclear ambitions, which in turn eases crippling sanctions on its crucial oil exports.
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