Mumbai: Today (Wednesday) trade in Mumbai stock market started with decline. Sensex fell 100 points to below 60,000 in opening trade. Similarly, the National Stock Exchange Nifty fell 39 points to 17,847.
Stock markets recovered from yesterday’s decline but traded in a volatile manner. As of 10:08 am, the Sensex was up another 58.29 points at 60,173.77. The Nifty was down 23.85 points at 17,890.30 on the NSE.
Despite the favorable global environment, Indian stock markets started off lower due to rising oil prices and sluggish foreign inflows and continued to fluctuate.
As far as individual stocks are concerned HCL Technologies, TCS, Tech Mahindra, Tata Motors, Ultra Tech Cements, Infosys, L&T, Bajaj Finance, IndusInt Bank, State Bank of India, HDFC Bank, Sunpharma Industries, ICICI, Wipro, Titan Company, Tata Steel, Kodak Mahendra ITC, Bajaj Finserv were higher. Axis Bank, HDFC, NTPC, Maruti Suzuki, Asian Paints, Nestlé India, Rizions Industries, M&M, Hindustan Unilever and Bharti Airtel were the decliners.