Friday 23 October 2015

Sensex, Nifty cool off slightly; FMCG, banks, metals up -- 23 Oct 2015

ITC, NTPC, ONGC, GAIL and Axis Bank are top gainers while Bharti, Maruti, Wipro, L&T and Vedanta are among losers.

                                   
The market has cooled off a bit as the Sensex is up 191.26 points or 0.7 percent at 27478.92. The Nifty is up 47.05 points or 0.6 percent at 8298.75. About 1356 shares have advanced, 1121 shares declined, and 156 shares are unchanged. ITC, NTPC, ONGC, GAIL and Axis Bank are top gainers while Bharti, Maruti, Wipro, L&T and Vedanta are among losers. Gold rose Rs 21 to Rs 27,097 per 10 grams in futures trading today as speculators widened bets, tracking a firming trend overseas. Market analysts said speculators enlarged their bets on the back of a firming global trend as investors eyed the upcoming Fed meeting for clues on timing of a US interest rate hike. Globally, gold increased as much as 0.3 percent to USD 1,169.40 an ounce in Singapore.

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