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Markets drift down. Infrastrucute, Metal counters dip

Markets have seen trades on the downside, taking back the Nifty to 4900 levels. The September series of futures & options, will expire today. Stocks from the Metal, infrastructure and banking sectors have seen declines.

At 10 AM, the Nifty is at 4918, down by 28 pts or -0.36%.

L&T is down by 2%. Punj lloyd is also down by over 1%.
Sterlite industries, from the metal segment has seen a fall of over 2%. The stock is currently trading at 117.40. Hindalco is down by 2%. Tata steel is down by 1.9%. SAIL is down by 1.4%.

SBI is down by 2.2%. PNB has seen a decline of 1.2%. ICICI Bank is down by 0.6%.

HCL Tech is trading in the green. The stock has gained over 1.2%. BPCL is up by 1.9%. JPAssociates is also trading in the green with 1.2% gians.


 

 

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