Today Indian Share Market Views & Recommendations

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The Indian Stock Market remains sluggish as the Sensex is up 10.91 points at 26728.28. The Nifty is down 13.15 points at 8083.85. About 841 shares have advanced, 1227 shares declined, and 140 shares are unchanged. TCS, Bajaj Auto, Bharti Airtel, Hero and Infosys are top gainers in the Sensex while Hindalco, Dr Reddy's Labs, GAIL, Reliance and ICICI Bank are major laggards in the Sensex.

The Indian Share Market recouped its early losses amid consolidation with the Sensex rising more than 100 points led by technology and FMCG stocks. However, the broader markets remained under pressure with the BSE Midcap and Smallcap indices falling marginally. Indian rupee has opened at its lowest level in 2015, down 24 paise to 63.78 a dollar against previous day's closing value of 63.54 per dollar.
About 798 shares have advanced, 967 shares declined, and 141 shares are unchanged on the BSE. TCS topped the buying list on Sensex, up 2.7 percent followed by Infosys and Bajaj Auto with 2 percent gains. Bharti Airtel, L&T, Coal India and BHEL climbed over 1 percent. ITC and HDFC also supported the market with marginal gains. Cipla, Dr Reddy's Labs, GAIL, Axis Bank and Wipro are major laggards while TCS, NTPC, Coal India, ONGC and Infosys are top gainers in the Sensex.