Tuesday, 8 May 2018

Sensex continues to trade flat, Nifty manages to hold 10,700

Shares have continued to trade flat this morning, digesting the developments coming in from the White House as well as higher crude prices. Selling pressure is visible across sectors, barring IT and metal names. 
The sectoral indices have risen up to 1.4 percent. A rally in global commodities has pushed up metal stocks in India. Hindalco and Vedanta are up around 2-4 percent. 
Tata Steel is the top gainer on the Sensex, with a rise of 1 percent. Meanwhile, banking stocks are witnessing some profit booking. 
Read more--Stocks update

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