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Sensex, Nifty sluggish; Bharti gains 2%, ITC & BHEL major losers

The market is still flat as the Sensex is up 27.72 points or 0.1 percent at 26091.84. The Nifty is up 11.25 points or 0.1 percent at 7991.15. About 1051 shares have advanced, 609 shares declined, and 105 shares are unchanged.

Bharti, Cipla, HDFC Bank, Axis Bank and Coal India are top gainers while ITC, BHEL, Maruti, Infosys and GAIL are losers in the Sensex.

The Indian rupee has opened at 66.39 per dollar up 0.13.

Major Headlines of the day:
Nalco to go for toll-smelting of aluminium in Iran.
Biocon expects more filings this year for biosimilars, drugs.
Tata Motors to issue NCDs to raise Rs300 crore.

Trend in FII flows:The FIIs were net  sellers of  Rs 411Cr in the cash segment on Wednesday while the DIIs were net buyers of  Rs 295.07 Cr, as per the provisional figures.

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