The market is in a consolidation mode with the Nifty
hovering around 7900. The 50-share index is down 8 focuses at 7904.05. The
Sensex is down 16.68 focuses at 25863.70.
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Bajaj Auto, Tata Steel, Adani Ports, Maruti and Tata Motors
are gainers while BHEL, Sun Pharma, Infosys, Bharti and HDFc are losers in the
Sensex.
Public sector banks in the nation are likely to have been
allowed some relief in acknowledgment of non-performing loans (NPLs), as the
Reserve Bank of India (RBI) may have exempted them from providing for bad loans
in case of certain stressed companies, sources say.
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