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The
market is still in red but metal stocks are outperforming. The Sensex is down
35.61 points or 0.1 percent at 25643.32, and the Nifty is down 4.55 points at
7850.50.
Hindalco is up 4 percent while BHEL, Tata Steel, M&M and HDFC Bank are top
gainers while ICICI Bank, Adani Ports, Hero MotoCorp and Bharti Airtel are
losers in the Sensex.
A
weaker dollar and equities helped gold extend gains into Tuesday, with
investors cautious ahead of policy meetings this week at the Bank of Japan and
the US Federal Reserve.
The
US dollar fell versus the yen as traders took profits from the greenback's
recent rally against the Japanese currency. Expectations of a dovish Fed also
hurt the dollar.
Asian
stocks retreated as investors were wary of riskier assets ahead of the central
bank meetings.
BUY CEAT FUTURE ABOVE 1152 TG 1156, 1162, 1170 SL 1146,
BUY AEGIS CHEMICALS ABOVE 114.50 TG
115.50, 117, 119 SL 113,
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