Wednesday, 7 October 2015

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The S&P BSE Sensex started on a cautious note on Wednesday tracking mixed trend seen in other Asian markets. The fall in the index was led by losses in ICICI Bank, TCS, Axis Bank, and Tata Motors. 

Indian shares rose for a fifth consecutive session on Tuesday to mark their longest winning streak since mid-June as Tata Motors rose over optimism about its Jaguar Land Rover unit, while other blue-chips tracked gains in regional markets.

However, bigger gains were muted as benchmark indexes saw technical resistance at their respective 200-day exponential moving average, while profit-taking also weighed.
India's benchmark BSE index rose 0.55 percent to 26,932.88 points, while the broader NSE index advanced 0.41 percent to 8,152.90 points.

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