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Market in red. Midcap stocks gains ahead.

Market moves into red region on profit booking. Midcap stocks shines. Nifty loses 23 points with 32 declines and 18 advances. Sensex shreds 65 points with 20 declines and 10 advances.

Suzlon, Godrej constructions and JP Infra gains more than 4% on the current trading session. Indices such as IT, Midcap and realty gains more than 0.5%.

Bhusan steel losing trend continues with 2% loss. Footwear giant Bata and Telecom major Idea loses 1%. Indices of Bank, energy and infra loses more than 0.5%.

J&K banks tops in the turnover list. City union bank, Amara Raja, Apollo tyres, Adain power and Adani ports are coming out with quarter results today.

News Corner

RBI keeps rate unchanged but cuts SLR by 50 basis points

Gateway gains 23 points with the help of railway business

Rupee falls deep to 4 1/2 month low to 61.29/Dollar



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