The market manages to maintain its uptrend. The Nifty is at
8355.70, up 31 points while the Sensex is 27967. 77, up 104 points.
Bank stocks are up while metals are down. SBI, Sun Pharma,
Axis Bank, Bajaj Auto and ICICI Bank are top gainers in the Sensex. Among the
losers are Sesa Sterlite, Coal India, M&M, Hindalco and Bharti Airtel.
Brent crude dropped further below USD 83 a barrel,
stretching losses into a fifth session, as weak economic data from top energy
consumer China stoked worries about demand in a market that is already battling
a deepening global supply glut.
Services sector growth in China weakened in October as new
business cooled, a private survey showed, coming just days after previous data
revealed sluggish factory growth in the world's second largest economy.
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