Sensex Trades higher by 25.94 points, Nifty falls


Today the benchmark BSE Sensex trades higher over 25.94 points in early buy and sell on selling in banking and IT stocks by depositor subsequent to recent increase amid mixed Asian trends. Brokers on Thursday conveyed that, depositors were careful ahead of July series ending in the derivatives segment. The 30-share barometer, which had increased 384.82 points in the preceding two sessions, fell by 31.39 points or 0.11 per cent to 28,063.95. Also, the NSE Nifty decrease by 15.20 points or 0.17 per cent to 8,620.45.

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Amongst foremost losers on BSE were Lupin, HDFC Ltd, Axis Bank, Dr Reddy's, Hero Moto Corp, Infosys, HDFC Bank and ICICI Bank, which fell up to 0.78 per cent in untimely buy and sell. Stocks of Maruti Suzuki too drop 0.61 per cent to Rs 4,582.80, ahead of its quarterly earnings to be free afterward in the day. Brokers has also further conveyed that, trimming of positions by contributor to book profits amid a mixed trend at the other Asian markets taking unenthusiastic lead from US markets and another decrease in oil prices ahead of closely watched US and Japanese central bank meetings, prejudiced sentiments. Today in Asian markets, Hong Kong's Hang Seng was up by 0.81 per cent, while Japan's Nikkei decrease by 1.55 per cent in early buy and sell. Shanghai Composite index rose 0.40 per cent. The Dow Jones Industrial Average concluded 0.42 per cent inferior in yesterday's trade.

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