Markets are witnessing a tepid trade, with the Nifty seeing moderate cuts. IT stocks have witnessed losses, while selected stocks from the financial space, have been trading in the greeen.
At 9:58 AM, the Nifty is at 5024, down by 26 pts or -0.51%.
Educomp solutions is up by 1.4%. Crompton Greaves (CROMPGREAV) is also up by 1.2%. Petronet is up by 1.2%. Cairn India is also up by 1.3%.
Sugar stocks have declined further. Renuka sugars is down by 2.4%. Bajaj Hindustan is dwon by 2%.