The market is sluggish with the Nifty hovering around 7950. The 50-share
index is up 28.25 points or 0.4 percent at 7957.35 and the Sensex is up
56.65 points or 0.2 percent at 25821.79. About 1048 shares have
advanced, 1346 shares declined, and 169 shares are unchanged. Auto
stocks are rising with Bajaj Auto, Hero MotoCorp and Maruti leading the
pack. HUL and Adani Ports are other gainers in the Sensex. Among losers
are BHEL, SBI, L&T, GAIL and NTPC. The rupee slipped from its
initial recovery, dropping 7 paise to Rs 68.23 in late morning deals
following bouts of dollar demand from importers despite higher domestic
equities.
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