Equity benchmarks extended losses in noon trade following increase in WPI inflation to 5.7 percent in March as against 4.68 percent in previous month. Economists had expected it at 5.2 percent.
12:26
Moneycontrol BureauLive Market Commentary Equity benchmarks extended losses in noon trade following increase in WPI inflation to 5.7 percent in March as against 4.68 percent in previous month. Economists had expected it at 5.2 percent.
The Sensex lost 185.82 points to 22443.14 and the Nifty fell 53.45 points to 6722.85. About 1077 shares have advanced, 1257 shares declined, and 148 shares are unchanged.
Housing finance company HDFC topped the selling list, losing over 3 percent followed by HDFC Bank, Axis Bank and State Bank of India with 1-1.8 percent.
11:02
Wipro, Bharti Airtel, TCS and Dr Reddy's Labs are top gainers in the Sensex. Among the laggards are HDFC, Tata Motors, Hindalco, M&M and Hero Motocorp.
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10:00
Equity benchmarks declined further with the Sensex losing over 150 pts weighed down by banks, FMCG, oil & gas and auto stocks. However, the consistent buying in technology stocks capped the downside.
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09:15
Infosys, India's second largest software services exporter, beat the street by reporting fourth quarter (January-March) net profit at Rs 2,992 crore, up 4 percent compared to previous quarter in FY14.
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