LIVE MARKET UPDATE

Wednesday 30 December 2015

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The S&P BSE Sensex started on a flat note in morning trade on Wednesday, led by gains in HDFC, ITC, Tata Motors, HDFC, and Bharti Airtel. The Nifty50 started flat, but was still trading above its crucial support level of 7,900, supported by gains in realty, power, metal, and capital goods stocks.Shares of DB Realty surged over 3 per cent, while that of Tata Steel gained 1 per cent. Meanwhile, shares of Religare slipped about 3 per cent.

Indian stocks made modest gains on Tuesday propped by auto stocks and a small recovery in banking shares, while the year-end holiday season and caution ahead of the derivatives contracts expiry on Thursday kept participation low.The broader Nifty gained marginally to end 0.05 percent higher while the Sensex was up 0.17 percent.

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