Live Stock Market Updates – Nifty and Sensex marginally down at 9240 and 29900 respectively, RBI may avoid cutting rates for now

Benchmark indices remain lower at 1000 hours where Nifty and Sensex drop 25 and 67 points down. On the sector specific front barring IT and Media that are flat to positive, all other sectors are trading in red. FMCG and Pharma decline the most. Jubilant Foodworks, ITC and HUL drive the FMCG sector.

 Axis Bank, Bajaj Auto and Reliance are the top gainers while Hindalco, Bharti Airtel and Bharti Infratel are top losers for the Nifty.