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Markets trade flat. Tata Motors declines

The Sensex has moved up 44 points to 18,757.73 and the Nifty rose 13 points to 5,700.35. The Indian rupee appreciated 13 paise to 52.88 against the US dollar.

Index heavyweight Reliance Industries cut its gains to 0.4 percent from over a percent in early trade due to profit booking.

Top commercial vehicle maker Tata Motors fell 2.4 percent intraday after disappointing global sales data.

Private sector lender HDFC Bank declined 0.4 percent while its rivals State Bank of India and ICICI Bank were up 0.3 percent each.

Housing finance company HDFC rose 0.9 percent. Software services exporter TCS, telecom operator Bharti Airtel and top car maker Maruti Suzuki went up 1 percent each.

Oil & gas producers Reliance Industries and ONGC were up 0.4 percent each.


 

 

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