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Sensex, Nifty trim gains from previous hour, GAIL gains


Market Check: Benchmark indices trimmed its gains, reflecting a tough battle between the bulls and the bears on the Street on Wednesday. The Nifty was on the verge of breaking 9400 again.

The Sensex was up 82.52 points at 30447.77, while the Nifty was up 17.35 points at 9403.50. 

The market breadth, however, was back in the negative as 1,112 shares advanced against a decline of 1,290 shares, while 151 shares were unchanged.

Tata Motors, Tata Motors DVR and GAIL were among the top gainers, while Cipla, Dr. Reddy’s Laboratories, Bharti Infratel and Hindalco lost the most.

Buzzing Stock: Shares of Videocon Industries extended its freefall on Wednesday after the stock hit lower circuit of 20 percent on Tuesday. The stock hit the lower circuit again on Wednesday after falling 10 percent on Wednesday.

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