Market off day’s low; Nifty hovers near 8900; Asian Paints up 2%

Volatility in the market continued in the post noon session after benchmark indices recovered from day’s lows.
The Sensex was down 9.98 points at 28802.90, while the Nifty was down 10.30 points at 8886.40. The market breadth was narrow with about 1,376 shares having advanced, 1,263 shares having declined. About 200 shares were unchanged.
Bharti Airtel continued to be among the top gainers on both the indices along with Hindalco and Asian Paints. Meanwhile, Coal India, TCS and BPCL were among the top losers.
The Street now awaits key GDP data that is set to be released later in the day.

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