MARKET LIVE: Sensex off lows, down 100pts, Nifty near 17500; Metals firm

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Stock updates: The key benchmark indices continued to languish in the negative territory for a third day on Wednesday in a volatile session. 

The slipped into the red zone around noon deals, and was down around 150-odd points at 58,420-odd levels. The Nifty50 was seen hovering aroud 17,500-level.


HDFC twins, Asian Paints, PowerGrid Corporation, Maruti, Dr.Reddy’s and Titan were the major losers, while Sun Pharma, Bajaj Finance, SBI and Mahindra & Mahindra logged decent gains.

The broader . however, managed to hold in the positive zone. The MidCap index was up 0.1 per cent, while the and SmallCap index added 0.4 per cent.

 

Among stocks, Rites was up pver 2 per cent. The company said it will  explore integrated infra services with Tata Steel. 

Wealth surged 13 per cent after the company reported a more than three-fold jump in Q4 net profit at Rs 34.80 crore as compared to Rs 10.09 crore in the corresponding quarter a year ago.



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