Market shrugs off tax fears; Sensex, Nifty flat; ITC down 1%

Epic Update ITCEpic Update ITC

Jittery investors have shrugged off concerns around the Maritius treaty. The market has recovered from early losses. The Sensex is down 22.76 points at 25749.77, and the Nifty up 1.30 points at 7889.10. About 1060 shares have advanced, 1086 shares declined, and 139 shares are unchanged.

Hindalco, Axis Bank, Maruti, Tata Steel and NTPC are gainers while Dr Reddy’s Labs, ITC, ONGC, BHEL and Coal India are losers in the Sensex.

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