Epic Research

Friday, January 23, 2015

Sensex, Nifty trim gains; midcap declines, HDFC spikes 4%

The Sensex trimmed gains, up 248.91 points at 29254.93. The Nifty held 8800 level, up 58.75 points at 8820.15. However, the broader markets underperformed frontline indices as the BSE Midcap and Smallcap indices fell 0.4 percent and 0.6 percent, respectively.
Even the market breadth turned in favour of declines. About 890 shares have advanced while 1353 shares declined on the Bombay Stock Exchange.
Infosys, Axis Bank, Maruti Suzuki, Reliance Industries, Coal India, Hindalco Industries, TCS and ONGC slipped into red. GAIL fell nearly 2 percent.

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