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Nifty continues upward. L&T adds further gains

Markets Quiet Trades
Markets have shown resilience to the global events and have shown higher trades on Tuesday. The indices have continued to scale up from yesterday’s highs.

The BSE Sensex has moved up by 57 points to stand at 22813, while the NSE Nifty has moved up by 10 points at 6828.

Stocks from the capital goods sector, have shown more buying interest. Larsen & Toubro has continued its northward journey from yesterday’s highs and has added another 1.2% in today’s trade to stand at 1338.

BHEL has climbed by 1% to trade at 188.20.

Oil & Gas major ONGC has gained 1.7% in the trade. GAIL has also accrued 0.8% in the trade.

Some of the banking & financial stocks have also shown buying interests. HDFC Bank has moved up by a percent to trade at 723. IDFC continues to get interest and is up by 0.7%.

Reliance industries has seen a surge of 0.9% at 968.

On the losing side, however are Hindalco – which has lost 1.5%. SSLT has seen a cut of 1.2%.

Cement stocks are trading weak. Ambuja Cements has lost 1.5% further while ACC and Ultratech Cements have also seen losses of nearly a percent each.

Tata Motors, Indus Ind Bank, PNB – have all lost nearly 1% in the trade today.



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