Market recovers; Nifty still above 7850, Sensex down 100 pts

Epic Update NTPCEpic Update NTPC

After a early morning jittery on amendment to the Mauritius Double Tax Avoidance Agreement (DTAA), the market has recovered. The Sensex is down 101.29 points or 0.4 percent at 25671.24, and the Nifty down 27.85 points or 0.3 percent at 7859.95. About 665 shares have advanced, 916 shares declined, and 99 shares are unchanged.

Hindalco, NTPC, Axis Bank, Tata Steel and Maruti are top gainers in the Sensex. Among losers are Bharti Airtel, Tata Motors, Adani Ports, Dr Reddy’s Labs and Coal India.

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