Epic Research

Monday, December 17, 2012

Epic Update : Sensex lacks cues

The Sensex was trading down 13.90 points or 0.07% at 19303.35, while the Nifty glided down 5.55 points or 0.09% to trade 5874.05.
There has been some buying interest in the auto counter on the BSE. Maruti, Mahindra and Mahindra, Bajaj Auto were trading with 1.89%, 1.71% and 1.40% gains respectively. However, Hindalco was the top gainer on the Sensex with 2.46% rise. The recent gains in non-ferrous metal players like Hindalco  is due to an upmove in commodity prices on the London Metals Exchange (LME). NMDC, Sterlite Industries, Jindal Steel and Hindustan Zinc were all trading up with mild gains.

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