TCS, Dr Reddy’s Labs, Sun Pharma, GAIL and HDFC Bank are top gainers in the Sensex. Among the losers are Tata Power, Sesa Sterlite, Bharti Airtel, NTPC and ITC.

The market is still dragging with the Sensex down 73.16 points at 28046.24. The Nifty is down 28.10 points at 8410.15. About 1150 shares have advanced, 1081 shares declined, and 101 shares are unchanged.

TCS, Dr Reddy’s Labs, Sun Pharma, GAIL and HDFC Bank are top gainers in the Sensex. Among the losers are Tata Power, Sesa Sterlite, Bharti Airtel, NTPC and ITC. Crude oil futures fell by 1.22 percent to Rs 3,885 per barrel today as speculators engaged in reducing their exposures amid a weakening trend in Asian trade where it tumbled to fresh five-year lows owing to weak demand.

Marketmen said trading sentiment remained subdued after crude struck fresh five-year lows in Asia with analysts forecasting further falls owing to weak demand, a global supply glut and fewer production halts. Globally, Shanghai continues its run and rallies to a fresh 3.5-year high. Brent continues to trade at 5-year low.

Coustery : http://www.moneycontrol.com/news/local-markets/bse-sensex-nifty-drag-tcs1itcbharti-laggards_1248091.html

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