The Market Is Trading Mildly Higher Amid Consolidation And Weakness In Asian Stocks - Dollar Advisory & Financial Services

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Wednesday 2 May 2018

The Market Is Trading Mildly Higher Amid Consolidation And Weakness In Asian Stocks

The market is trading mildly higher amid consolidation and weakness in Asian stocks. Auto, infra, select banks stocks and Reliance Industries supported the market while technology stocks were under pressure after HCL Tech earnings.

HCL Technologies is the biggest loser with more than 3 percent loss after Q4 earnings slightly missed analyst expectations while Auto index was up 1 percent after strong April sales.

InterGlobe Aviation and Jet Airways were under pressure after IOC hiked jet fuel prices. The 30-share BSE Sensex was up 48.72 points at 35,209.08 and the 50-share NSE Nifty rose 6.60 points to 10,746.

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