Real-time Stock quotes, portfolio, LIVE TV and more.
Oct 05, 2012, 03.49 PM IST
Indian equity benchmarks trimmed losses, supported by Larsen & Toubro and Reliance Industries. Metals stocks too recouped losses while State Bank of India also pared losses.
Commercial vehicle maker Tata Motors rallied 2 percent and FMCG major Hindustan Unilever was up 1.7 percent.
Utility vehicle maker Mahindra & Mahindra, engineering conglomerate Larsen & Toubro and state-run oil & gas producer ONGC gained 0.9-1.3 percent.
Housing finance company HDFC crashed 4.75 percent as Carlyle sold its stake in the company via multiple block deals.
Software services exporters Wipro, Infosys and HCL Tech were down 1.6-2 percent. Drug producer Sun Pharma and country's largest private sector lender ICICI Bank fell 1.5 percent.
Shares of IDFC, Reliance Infrastructure and Jaiprakash Associates tanked over 2.5 percent.
France's CAC, Germany's DAX and Britain's FTSE extended gains from 0.1-0.4 percent to 0.4-0.8 percent
Indian equity benchmarks pared losses in afternoon trade following positive opening of European markets. France's CAC, Germany's DAX and Britain's FTSE were up 0.3-0.5 percent after encouraging comments by ECB President Mario Draghi saying the bank is ready to buy bonds of troubled euro zone countries.
The BSE Sensex remained down with a fall of 1%, weighed down by profit booking in technology, banking & financials, oil & gas and capital goods stocks. The Indian rupee trimmed its gains from 37 paise to 7 paise to trade at 51.67 against the US dollar.
May 22 2013, 13:11
- in MARKET OUTLOOK
May 22 2013, 10:44
- in Economy