The BSE Sensex erased it’s early gain 100 points with above 20,000 levels, on the profit booking in Metals, Capital goods,and Financial stocks. FMCG under pressure and TCS, HUL lost 0.5 to 0.8%.
foreign institutional investors continued to bring in US dollars after the shutdown of US government offices.
The Indian rupee continuous to strong position against US dollars due to inflows. The rupee is at Rs 61.95 paise up 0.54 paise, against its previous close.
The US institutional investors bought shares worth Rs 997.21 crore while domestic institutional investors were net sellers worth Rs 493 crore on Thursday as per the provisional data from the National Stock Exchange.
At 11:20 Am: The 30 share index Sensex is trade 46.58 points or 0.23% down at 19855.49 and The 50 share index nifty 16.30 points or 0.28% down at 5893.40.
Movers and losers:-
Tata motors, BPCL, Lupin, TCS, Cipla, Ultra cements, Bharti Airtel, Maruti, M&M, Grasim were among top nifty gainers.
JP Associate, Bank of baroda, Tata power, Axis bank, Jindal steel, IDFC, NMDC, ICICI bank, Dr. Reddy’s, Gail were among top nifty losers.
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