Market wrap-up – Lawmakers remain deadlocked over extending the nation's debt limit to avoid default!

Weakness continued on the bourses in early trade afternoon trade. The market breadth, indicating the overall health of the market, was negative. Investor sentiment was hit adversely as Asian stocks fell as lawmakers in Washington remain deadlocked over extending the nation's debt limit to avoid default. In the foreign exchange market, the rupee dropped against the dollar. Key benchmark indices edged lower in early trade on weak Asian stocks. Weakness continued on the bourses in morning trade.

Who Moved and Why

1) HUL slips as Unilever sees slowdown in emerging markets
2) Bombay Dyeing pares gain after clarification
3) IT shares in demand
4) Bombay Dyeing spurts on stake sale buzz
5) Apollo Tyres jumps on Cooper deal uncertainty
6) Jubilant Life Sciences gains after transferring pharma biz to Singapore unit
7) Wockhardt hits the roof on bargain hunting

Read detail analysis report here: - http://www.rrfinance.com/Reserch/Pdf/07-July/Mid%20Session/7th%20Oct%20Mid%20Session%20Update.pdf