Barring financial names, all sectoral indices are trading around the flat line, but energy, FMCG and metal names are trading higher.
After days of strong starts, the market has taken a slight breather today as equity benchmarks have kicked off August on a flat note. Having said that, both Sensex and Nifty have managed to hit record highs in the opening minutes. The 50-share index is trading well above 11,350-mark.
Barring financial names, all sectoral indices are trading around the flat line, but energy, FMCG and metal names are in the green. The midcap index, too, is up over one-third of a percent.
Among stocks, Tata Motors is one of the biggest losers after its Q1 results showed a net loss. The stock is down over 3 percent now. Bajaj Auto is up around 2 percent following healthy sales for July as well. Other gainers include OMCs such as IOC and BPCL on the back of falling crude oil prices.
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Source: https://www.moneycontrol.com/news/business/markets/market-live-sensex-off-to-a-good-start-in-pre-opening-nifty-above-10350-tata-motors-in-focus-2788961.html
