Nifty falls below 8700, Sensex in red
The market is still struggling as the Sensex is down 55.44 points or 0.2 percent at 28050.77. The Nifty is down 24.15 points or 0.3 percent at 8685.40. About 961 shares have advanced, 930 shares declined, and 122 shares are unchanged.
Lupin, ONGC, M&M, Axis Bank and ITC are gainers while HDFC, Bajaj Auto, Cipla, Dr Reddy's and Bharti are losers in the Sensex. Meanwhile, Chris Wood, CLSA says world financial markets remained superficially calm last quarter with the MSCI AC World Index up 18 percent from the February low when the oil price bottomed and credit spreads peaked.
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