Thursday, 5 July 2018

Sensex, Nifty decline; Metal, IT stocks down

The stock market edged lower tracking weakness in heavyweights like HDFC Bank, Tata Motors and Bajaj Auto. However, losses were capped as Reliance Industries rose ahead of its annual shareholders' meet. Indian stock markets witnessed a sea-saw trade on Thursday as the headline indices kept oscillating between the positive and negative territories. The stock market edged lower tracking weakness in heavyweights like HDFC Bank, Tata Motors and Bajaj Auto. However, losses were capped as Reliance Industries rose ahead of its annual shareholders' meet. Traders are eagerly awaiting the June quarterly earnings reports that will start next week.


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