The Market Continued To Consolidate As Investors Monitor Corporate Earnings

The market continued to consolidate as investors monitor corporate earnings, and the movement in crude oil prices and rupee.

SBI is down around a percent ahead of March quarter earnings later in the day. Reuters poll estimates say the bank is likely to report a loss of Rs 1,270 crore on higher provisions towards bad loans

IOC and HPCL are under pressure as Brent crude futures trade higher at around $76.5 a barrel on worries over Venezuelan supply.

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