Sensex down 50 points as selling creeps in; Maruti Suzuki trades firm

Last Updated: Fri, Dec 07, 2012 08:37 hrs

Realty, information technology, metal and bank stocks are trading weak on the Indian bourses where the mood has turned a bit bearish this afternoon. Healthcare and oil stocks are off their highs. FMCG and power stocks are mostly trading flat, while consumer durables, capital goods and automobile stocks are finding some support.

The Sensex is down 49.61 points or 0.25% at 19,437.19 and the Nifty is down with a loss of 20.15 points or 0.34% at 5910.75, nearly 40 points off the day's high of 5949.85.

Sterlite Industries, Tata Steel, Cipla, Tata Consultancy Services, HDFC, NTPC, Sun Pharmaceutical Industries, Infosys, Hindustan Unilever, ONGC and ICICI Bank are trading lower by 0.5% - 1.3%.

Among the gainers in the Sensex, Maruti Suzuki is up nearly 2%, Tata Power is trading 1.5% up and Mahindra & Mahindra is up by a little over 1%. BHEL, Coal India, Tata Motors and Hindalco are also trading in positive territory.

Hexaware Technologies is down more than 8% following a lower earnings forecast. NMDC, DLF, Zee Entertainment, GMR Infrastructure, Godrej Industries, Axis Bank, IndusInd Bank and Unitech are trading lower by 2% - 3%.

Mahindra Satyam, Bhushan Steel, Syndicate Bank, Mphasis, HCL Technologies, Yes Bank, Lanco Infratech, Sesa Goa, Apollo Tyres, NHPC, SAIL and Eicher Motors are also trading notably lower.

Gitanjali Gems is up nearly 9%. Motherson Sumi is trading stronger by over 4.5%. Oberoi Realty, JSW Energy, Glenmark Pharmaceuticals, Piramal Enterprises, Indian Bank, United Phosphorus, Emami, IRB Infrastructure, Tata Global Beverages, Jubilant Foodworks, JP Infratech and McLeod Russel are also up with impressive gains.

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