Mumbai, Jan 15: The benchmark Sensex closed marginally lower, after seeing volatility throughout the session.
The Sensex traded in a tight range of 17550-17630 and the Nifty ranged at 5250-5270, as overall, it was a consolidation day for the markets.
The 30-share BSE Sensex closed at 17554.30, down 30.57 points. The 50-share NSE Nifty closed at 5252.20, down 7.7 points.
Profit booking was seen in metal, PSU banking, oil & gas, capital goods and select technology companies' shares.
Buying in realty, private banking, power, FMCG, cement and select auto companies' shares capped the losses to major extent.
The market breadth was mixed with negative bias; about 1,432 shares advanced while 1,540 shares declined on the BSE. Nearly 136 shares remained unchanged.
SBI, Bharati Shipyard, STC India, NMDC, Bombay Dyeing, Reliance Industries, Axis Bank and TCS were the most active shares on the bourses.
Sensex trading flat; ONGC, BPCL dip
At 01:06 pm, the Sensex was trading flat. Buying was seen in realty, PMCG, power and pharma stocks.
Selling was seen in capital goods, metal and auto stocks.
The Sensex was down 6.96 points or 0.04 pc at 17577.91, and the Nifty was up 0.05 points or 0.00 pc at 5259.95.
About 1647 shares advanced, 1284 shares declined, and 175 shares were unchanged.
In the largecap space, Reliance Communication, Cipla, Ambuja Cements, TCS and DLF were up 2-5 pc.
On the losing side, ONGC, Mahindra and Mahindra, BPCL, PNB and Hindalco were down more than 1 pc each.
Top gainers on the BSE Midcap were Engineers India, Puravankara Projects, STC India, Andrew Yule and Gujarat Flourochem were up 7-20 pc.
Top losers on the BSE Midcap were IRB Infra, Mcleod Russel, Blue Dart, Asian Star and Prakash Industries were down 2-3.5 pc.
Sensex consolidates; TCS, Cipla, Wipro gain
At 11:33 am, the Sensex continued its consolidation. Shares of metal and capital goods companies were witnessing selling pressure.
The BSE Sensex was trading at 17,583, down 2 points while the Nifty was at 5,260, up 0.55 points.
The BSE Midcap Index was up 0.6 pc and the Smallcap was up 0.85 pc, as about 1,618 shares advanced while 1,293 shares declined on the BSE. Nearly 192 shares were unchanged.
However, buying in power, FMCG, realty and select telecom stocks was helping the markets.
TCS, Cipla, Sterlite, Ambuja Cements, Wipro, Maruti, Grasim and Hero Honda were the top gainers.
ONGC, Infosys, SBI, M&M, PNB, Sun Pharma, Tata Motors, BPCL, IDFC and Ranbaxy Labs were losers.
Sensex opens on positive note; banks, realty up
The Sensex started the day on positive note following good Asian cues.
Banking, realty, power, auto, telecom and select pharma stocks were seeing buying interest along with heavyweight Reliance Industries.
At 9:02 am, the Sensex was trading at 17,620, up 35 points and the Nifty was at 5,268, up 9 points.
The CNX Midcap went up 51 points to 7,817 and the BSE Smallcap up 52 points to 8,987, as about 631 shares advanced while 129 shares declined on the NSE.
Among the frontliners, Reliance Communications, Sterlite Industries, Siemens, ABB, Axis Bank (ahead of numbers), Reliance Power, Unitech, TCS (ahead of numbers), SBI, DLF, Reliance Infrastructure and ICICI Bank were gainers.
However, Wipro, HDFC, Infosys, L&T and ONGC were trading weak.
Asian markets were trading higher. Shanghai, Kospi and Taiwan were up 0.6-0.8 pc. Straits Times, Hang Seng and Jakarta were marginally up. However, Nikkei declined 0.2 pc.