Overall it was a consolidation ahead of September quarter earnings that will begin on Monday with Infosys numbers, feel experts, saying upside may be capped at 8400.
ITC (-3 percent), Idea Cellular (-2 percent), Reliance Industries (-2 percent) and Axis Bank (-2 percent) were big losers in the Nifty. Other laggards in the index were TCS (-1.2 percent), HDFC (-1 percent), Lupin (-1 percent), Sun Pharma (-1 percent) and MM (-1 percent).
ITC, Axis Bank, NTPC, Lupin and ICICI Bank are top gainers in the Sensex. Among the losers are Tata Motors, Tata Steel, Cipla, Dr Reddy's Labs and ONGC.
The broader markets fell in-line with benchmark indices. The BSE Midcap index slipped 1 percent and Smallcap declined 0.5 percent. The market breadth was weak as about 1374 shares declined against 986 advancing shares on the Bombay Stock Exchange.
Tata Steel, Tata Motors, Infosys, Wipro and Dr Reddy's Labs are top gainers while ITC, Bharti Airtel, Lupin, ICICI and Axis Bank are among laggards in the Sensex.
Shares of ITC, ICICI Bank, HDFC Bank, Lupin, Reliance Industries, LT, Axis Bank and Bharti Airtel were down 0.9-1.8 percent.
Vedanta, Cipla, ONGC, MM and Lupin are top gainers while ICICI Bank, SBI, Coal India, HDFC and ITC are in red.
Oil, metals and auto stocks supported the market while IT index fell 1.7 percent from previous close. Hindalco, Vedanta, ONGC, Tata Steel and Bajaj Auto are top gainers in the Sensex. Among the losers are Wipro, Axis Bank, Bharti, Infosys and TCS.
Hindalco, Vedanta, Tata Steel, Tata Motors and ONGC are top gainers while Wipro, Bharti, Infosys, Dr Reddy's Labs and Axis Bank are major laggards in the Sensex.
Hindalco, Vedanta, ONGC, Tata Steels and Tata Motors are top gainers while Wipro, Bharti, Dr Reddy's Labs, HUL and Axis Labs are among losers in the Sensex.
Tata Motors gained 2 percent, in addition to more than 10 percent rally in previous two sessions after strong Jaguar Land Rover sales numbers in September.
Vedanta, Hindalco, ONGC, Bajaj Auto and Tata Motors are top gainers in the Sensex. Among the losers are Bharti Airtel, Wipro, ICICI Bank, Dr Reddy's Labs and LT.
The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.3 percent and 0.6 percent, respectively. The market breadth remained strong as about 1188 shares advanced against 583 declining shares on the Bombay Stock Exchange.
Cairn India and ONGC rallied 2-3 percent. Lupin, Sun Pharma, NTPC, Cipla, Asian Paints and Maruti Suzuki were other leading gainers.
Experts see another 1-2 percent rally amid consolidation in near term ahead of September quarter earnings that will start on Monday with Infosys.
CNBC-TV18s Varinder Bansal lists some of the key stocks which were buzzing in trade today.
"TBZ has tied up with Snapdeal to offer consumers diamond jewellery (rings, earrings, pendants, bracelets) and gold coins on online marketplace," the jewellery retailer said in its filing.
"Shilpi Cable has entered into a joint venture with Eyecom Telecommunications Equipments, headquartered in New Zealand, one of leading RF path technology solution providers globally," the cable solutions provider said.
The order will be executed at the company's manufacturing facility at Bangalore and it will significantly add to the bottom line of the company.
"Trustee of British Steel Pension Scheme (BSPS) and Tata Steel UK (TSUK), an indirect subsidiary of Tata Steel have concluded triennial actuarial valuation of the scheme as at March 31, 2014," says the company in its filing.
Shareholders also approved issuing foreign currency convertible bonds (FCCBs), global depository receipts (GDRs), American depository receipts (ADRs), warrants convertible into shares.
3i Infotech has allotted 1,69,70,618 equity shares at a conversion price of Rs 19.74 on a preferential basis to DBS Bank.
A meeting of board of directors is scheduled to be held today to consider and deliberate on recommendations, if any, of audit committee.
The company has signed a Memorandum of Understanding (MoU) with Transport Systems Catapult (TSC) to develop intelligent mobility solutions that address the growing capacity, operational efficiency and interoperability challenges faced by the UK supply chain and fright and logistic industries.
With these new order the outstanding order book as on date stands at approximately Rs 1300 crore to be executed over a period of 6 to 8 months.
On October 7, 2015 Derive Investments bought 11,63,680 shares of HCL Infosystems.
On October 7, 2015 Franklin Templeton Mutual Fund bought 4,76,422 shares of Pantaloons Fashion at Rs 221.99 on the BSE.
The brokerage says that favourable government regulations, improving financial health of discoms, strong earnings growth and improving cash flow generation for IWL, alongwith a formal dividend policy by FY18 are key stock catalysts of the stock.
Fraunhofer is Europe's largest application-oriented research organisation. "HMT has signed an MoU with Fraunhofer, pertaining to technology upgradation for developing latest technology machines by our subsidiary HMT Machine Tools Ltd.