Sensex trades slightly lower :-
The Sensex stalled its rally today and fell marginally as investors opted to book profits. The index, which gained 360 points on Thursday on global cues, was down 26.5 points at 16,456.94. The Nifty was down 7 points at 4,929.50. Even Asian markets were under pressure. Metals, capital goods, oil & gas, telecom and PSU banking sectors were under pressure.
Shares of BHEL, Bharti Airtel, Hindalco, Sterlite, Tata Steel, JP Associates, L&T, ONGC, Reliance Industries, SBI, PNB, TCS and DLF weighed down on the market.
However, cement shares like Ambuja Cements and ACC gained
HUL, ITC, Maruti, NTPC, HDFC and Hero Motocorp were other gainers.
The CNX Midcap Index fell 9 points to 6,698. The market breadth was in favour of declines.
