Sensex, Nifty trading in red; HDFC group stocks fall, Axis Bank gains

The Stock Market continued to consolidate in morning trade and seems volatile at this movement. The Market is down mere points but Nifty hovering around 8,200 marks .A Fed rate hike is no more a worry, its commentary on future rate trajectory is That, along with any excessive weakness in the rupee and domestic concerns over any delay in GST due to Parliamentary logjam can only defuse the momentum seen on Dalal Street on Tuesday. Now Sensex trading at 26683, down mere 14 points or 0.5 percent. Nifty down 14 points or 0.15 percent at 8207. About 732 shares advanced, 711 declining shares, and 76 shares are unchanged on BSE. Some buying activity is observed in Consumer Durables, Oil & Gas, Realty, Information Technology, Energy sectors, while Auto, Metal, Bank, Capital Goods, Finance on BSE. 

Axis Bank, Reliance, Asian Paints, Tata Motors, and Wipro are the top gainers, while Coal India, Cipla, HDFC, Hero Motocorp, and Adani Ports are the losers in the Sensex.