Sensex, Nifty consolidate; Bajaj Auto rises 4%, HUL gains

The market has recovered slightly but is still under pressure. The Sensex is down 58.46 points at 27778.75 and the Nifty is down 15.40 points at 8407.85. About 931 shares have advanced, 1385 shares declined, and 146 shares are unchanged.

After announcing its March quarter results, Bajaj Auto is up 4 percent. Net profit of Bajaj Auto slipped 18.5 percent in March 2015 to Rs 621.6 crore from Rs 762.6 crore in corresponding quarter last fiscal. During the quarter, its total income fell 3.9 percent at Rs 4,739 crore compared to Rs 4,932.3 crore year-on-year (Y-o-Y).

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