With investors looking to exit counters at every noticeable rise in prices, the market is finding it extremely difficult to make a significant move up north today. With not much time to go for the closing bell and not much buying happening in heavyweight stocks, the market looks headed for a somewhat flat close today. The Sensex is down in the red with a loss of 45.31 points or 0.33% at 13,723.84. The Nifty is down with a small loss of 2.55 points at 4076.35. Metal and oil stocks have posted notable gains. FMCG, pharma and realty stocks have also come off their intra-day lows. Select PSU and power stocks are trading firm. Consumer durables, information technology
and capital goods stocks remain quite subdued this afternoon. Auto and bank stocks are exhibiting a mixed trend. Reliance Infrastructure, Sun Pharmaceuticals, Tata Power, Jaiprakash Associates, Sterlite Industries, Reliance Industries, ITC, Tata Consultancy Services, HDFC Bank, Hero Honda, Tata Steel, State Bank of India, Bharti Airtel and Reliance Communications are up with notable gains. Jindal Steel, up 5.5% at Rs 2561, is the top gainers in the Nifty index. GAIL India and HCL Technologies have gained 3.4% and 3.15% respectively. Ambuja Cements, SAIL, Cairn India, Unitech, Ranbaxy Laboratories, Cipla, BPCL, Reliance Capital and Power Grid Corporation have also posted sharp gains. Tata Motors, ICICI Bank, Axis Bank, Hindalco, Wipro, DLF, Hindustan Unilever, Infosys Technologies, Larsen & Toubro, BHEL, ONGC, Siemens and Mahindra & Mahindra are down by 1% - 3%. Junior Nifty stock Ashok Leyland has vaulted 11.5% to Rs 34.50. Wockhardt Pharma, Apollo Tyres, United Spirits, Canara Bank, Biocon, Bank of India, TTML, Hindustan Petroleum Corporation and Patni Computer Systems have also posted smart gains.
and capital goods stocks remain quite subdued this afternoon. Auto and bank stocks are exhibiting a mixed trend. Reliance Infrastructure, Sun Pharmaceuticals, Tata Power, Jaiprakash Associates, Sterlite Industries, Reliance Industries, ITC, Tata Consultancy Services, HDFC Bank, Hero Honda, Tata Steel, State Bank of India, Bharti Airtel and Reliance Communications are up with notable gains. Jindal Steel, up 5.5% at Rs 2561, is the top gainers in the Nifty index. GAIL India and HCL Technologies have gained 3.4% and 3.15% respectively. Ambuja Cements, SAIL, Cairn India, Unitech, Ranbaxy Laboratories, Cipla, BPCL, Reliance Capital and Power Grid Corporation have also posted sharp gains. Tata Motors, ICICI Bank, Axis Bank, Hindalco, Wipro, DLF, Hindustan Unilever, Infosys Technologies, Larsen & Toubro, BHEL, ONGC, Siemens and Mahindra & Mahindra are down by 1% - 3%. Junior Nifty stock Ashok Leyland has vaulted 11.5% to Rs 34.50. Wockhardt Pharma, Apollo Tyres, United Spirits, Canara Bank, Biocon, Bank of India, TTML, Hindustan Petroleum Corporation and Patni Computer Systems have also posted smart gains.Source:sify.com/finance/fullstory.php?a=jhjp2xccffi&title=Sensex_looks_set_for_a_flat_close_%40_15%3A20_hrs
No comments:
Post a Comment