Markets remain lacklustre, IT stocks gain
Markets traded on a lacklustre note in the mid-mornng deals on back of selling visible in auto, metal, healthcare and FMCG stocks. The Sensex was at 18,561, lower by 56 points and the Nifty was at 5,579, lower by 21 points.
Sterlite Industries was the top loser among the Sensex stocks. It was trading lower by 1.8% at Rs 163. Tata Motors was also trading lower by 1.6% at Rs 1,046. Hero Honda, Cipla, Tata Power, Bajaj Auto, ONGC and HDFC were also among the prominent losers. On the other hand TCS was the top gainer. The stock gained 2.5% to Rs 1,154 on back of better than expected Q1 results posted after the market hours yesterday. NTPC, SBI, Wipro, HDFC Bank, Hindalco and Reliance Industries were also among the notable gainers on the benchmark index. For more visit: Business Standard
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