Nifty BSE Sensex low; BHEL, Coal India, SBI gainers

Market continues to be inactive as the Sensex is down 30.48 points at 27320.20. Nifty towards down 3.60 points at 8220.50. About 1014 shares have advanced, 1212 shares declined, and 79 shares are consistent. Coal India, BHEL, SBI and HDFC are gainers in teh Sensex. Among the losers are GAIL, Cipla, Wipro and TCS. Crude oil futures fall by 0.32 percent to Rs 3,669 per barrel today as traders trimmed positions amid a weakening trend in Asian trade where it sank to a fresh five-year low. The trading point of view eased at futures trade after crude oil prices immerse to a fresh five-year low in Asian trade today, analysts said. Gold futures fell 0.50 percent to Rs 27,024 per 10 grams today as participants indulged in reducing exposures, largely in line with a global trend. Analysts said a weakening trend overseas ahead of Federal Reserve meets to assess a pledge to keep borrowing costs low for a considerable time and provide guidance on the outlook for monetary policy, weighed on gold prices at futures trade.

Nifty recover, Sensex, HDFC; ONGC outperform; IT falls Housing finance company HDFC gained nearly 2 percent after a media report suggested that Standard Life is planning to increase its stake in joint venture HDFC Standard Life Insurance company to 33 percent from 26 percent. HDFC holds 72.4 percent in JV.

Nifty smash 8200, Sensex weak on global cues; TCS falls 3% TCS is down 3 percent while Infosys, Bharti, GAIL are unfruitful among the laggards in the Sensex. NTPC is the only gainer in the Sensex.