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Markets correct after seeing gains.

Markets have corrected partially in the morning dealsd on the back of selling pressure heavyweight stocks such as ICICI Bank, SBI, Infosys, and Reliance Industries. The Sensex is up 53 points at 18,392 and the 50-share Nifty has advanced 18 points to 5,589.

On the sectoral front, teck, IT, consumer durables, healthcare, oil & gas and PSU indices have slipped in the negative territory and are down 0.1-0.3% each. While, the BSE auto index, up 0.5% is the top sectoral gainer. FMCG, capital goods, realty and metal indices are also up 0.2-0.4% each.

Among the individual stocks, Multi Commodity Exchange of India (MCX) has rallied over 5% to Rs 1,560 after the country’s newest stock exchange MCX Stock Exchange (MCX-SX) conducted mock testing session for its capital market segment on Monday to familiarise participants with this new trading platform.

Eicher Motors is trading higher by 4% to Rs 2,419 on back of heavy volumes after Swedish truck, bus and earth-moving equipment maker Volvo proposed to invest around Rs 1,800 crore in joint venture company, VE Commercial Vehicles.


 

 

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