Indian Share Market

Menu

Markets pare opening gains to turn flat; RIL sheds over 2%

Benchmark indices were trading on a higher note during early-morning trade on upbeat corporate earnings and mixed Asian Markets even as IMF cut India’s GDP forecast to 6.6% from the previous 7.6%. The sentiment was also affected as dual-control issue was resolved in the GST Council meet yesterday and all agreed on July 1 as its date of implementation.

At 10:24 am, the S&P BSE Sensex was trading at 27,267 down 20 points, while the broader Nifty50 was ruling at 8,415, up 2 points. In the broader market, the BSE Midcap and BSE Smallcap indices registered an uptick of 0.3%, and 0.5%, respectively. HUL, Asian Paints, Axis Bank, TCS and Sun Pharma were the top gainers on Sensex while RIL, Tata Steel, Cipla and Lupin fell during early morning trade.

Categories:   BSE Sensex online news, Free online sharemarket commentary

Comments

Sorry, comments are closed for this item.