Business Opportunities

Sensex lacklustre; Sun Pharma down 2%

The Sensex is exhibiting lacklustre movement and is now at 17,394, up 34 points. The BSE power and the metal indices are firm at 3,167 and 17,459, respectively. Jan cement sales in high double-digit Reliance Infrastcruture is the major gainer on the Sensex, up 3% at Rs 1,132. Hero Honda, Bharti Airtel and ICICI Bank have added 1.5% each at Rs 1,766, Rs 325 and Rs 875, respectively. The other prominent gainers are NTPC, Tata Steel and Tata Power, up 1% each. Sun Pharma is the prominent loser on the Sensex, down 1.5% at Rs 1,541. HDFC Bank, ONGC, Wipro and TCS have declined 0.5% each. The marke breadth is positive, out of 2,482 shares traded, 1,733 have advanced and 673 have declined so far on the BSE.

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