The market may be a bit under pressure on Wednesday on global cues and IMF outlook. For the first time in two year, international monetary fund (IMF) has cut India’s growth forecast and lsdo slashed growth outlook for almost every geography thanks to Brexit. The IMF has cut India growth projections to 7.4 per cent for 2016 and 2017, a drop of 0.1 percent from its previous forecast.
Today announcing result- Dewan housing finance corporation Ltd, Hindustan zinc Ltd, Kitex garments Ltd, KPIT technologies Ltd, Lakshmi vilas bank Ltd, SKF India Ltd.
Live Market- The 30-share BSE Sensex is trading up 76.38 points or 0.27 percent at 27864.00 and the 50-share NSE nifty index is trading gain 20.45 points or 0.24% at 8549.00.
The BSE Midcap index gain 0.57 percent and The BSE Smallcap index up 0.63 percent at 11985.04.
Among Gail 2.21%, Power Grid 1.80%, Coal India 1.58%, Hero Motocorp 1.38%, Dr.Reddy’s 1.36%, HDFC 1.32%, Bajaj Auto 1.15%, TCS 1.05%, SBI 0.87% were top Gainers today. While Wipro 2.21%, ICICI Bank 0.72%, HDFC 0.49%, Axis Bank 0.41%, infosys 0.41%, Bharti Airtel 0.21% were top Losers today in the Sensex.