Axis Bank, Hindalco, TCS, Bajaj Auto and Sun Pharma are top gainers in the Sensex. Among the losers are Wipro, ICICI Bank, GAIL, M&M and Lupin are among losers.
The market is still down. The Sensex is down 64.33 points at 28306.51 and the Nifty is down 13.00 points at 8576.80. About 1090 shares have advanced, 668 shares declined, and 106 shares are unchanged. Axis Bank, Hindalco, TCS, Bajaj Auto and Sun Pharma are top gainers in the Sensex. Among the losers are Wipro, ICICI Bank, GAIL, M&M and Lupin are among losers. Oil prices rose in Asia following recent losses but analysts said the rebound is unlikely to be sustained because of a global crude glut. Brent crude for September advanced 17 cents to USD 55.44. Over the week WTI is down more than 4.0 percent and Brent has lost nearly 3.0 percent. Analysts said the prospects of Iranian oil returning to the oversupplied market after Tehran reached a deal with major powers over its nuclear ambitions is dampening appetite.
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