Nifty ends flat; RIL, HDFC, NTPC dip
Mumbai, Feb 25: The benchmark Nifty closed the expiry session on a flat note. It remained volatile and traded in a narrow range of 4840-4880 throughout the day.
The Sensex closed at 16254, down 1.77 points while the Nifty ended at 4859, up 1 points, as per provisional data.
Buying in cement, capital goods, technology, select auto and metal stocks along with ONGC, ICICI Bank, Idea & Tata Power helped the index.
However,
select
power
and
telecom
stocks
along
with
HUL,
HDFC,
Tata
Motors,
HDFC
Bank,
Sterlite,
Reliance
Communications,
Siemens,
BPCL,
Hindalco,
Unitech
and
Reliance
Infrastructure
witnessed
selling
pressure.
4:04
PM
Nifty lacklustre; HUL, Tata Motors down
At 01.04 pm, the Nifty was down 15 points and trading in a narrow band of 4840-4860.
The Sensex was down 81.23 points or 0.50 pc at 16205.09, and the Nifty was down 11.60 points or 0.24 pc at 4847.00.
About 974 shares advanced, 1902 shares declined, and 300 shares were unchanged.
The markets witnessed choppy session for the third day in a row. Selling was seen in FMCG, Oil&Gas, metal, auto and banks.
Buying was seen in capital goods, realty and pharma stocks. The BSE Midcap and Smallcap index were trading flat.
In the largecap space, Larsen was the top gainer with close to 1.4 pc gain. Maruti Suzuki, Cipla, Mahindra & Mahindra and Jindal Steel were up 0.7-1 pc.
On
the
losing
side,
HUL
was
the
top
loser
with
more
than
3.5%
loss.
Tata
Motors,
Jaiprakash
Associates,
Sterlite
Industries
and
HCL
Tech
were
down
1.3-2.7
pc.
1:30
PM
Sensex
choppy
with
-ve
bias;
HUL,
RCom
dip
At
10:23
am,
the
Sensex
was
trading
marginally
lower
amid
volatility.
The 30-share BSE Sensex was trading at 16188, down 67 points and the Nifty was at 4838, down 20 points.
The broader indices were flat, as about 584 shares advanced while 592 shares declined on the NSE.
The selling was seen in banking, FMCG, oil & gas, power, cement, select auto and telecom stocks along with BHEL.
Top losers among the largecaps were HUL, Tata Motors, Sterlite Industries, Hero Honda, Sun Pharma, Reliance Communications and Jaiprakash Associates.
DB Realty, Hathway Cable, Syncom Health, L&T, Titagarh Wagons, Mphasis, Unitech and Reliance Industries were most active shares on the exchanges.
Weak
Asian
cues
also
weighed
on
the
indices;
Nikkei,
Kospi,
Taiwan
and
Jakarta
fell
1-1.6
pc.
Hang
Seng
and
Straits
Times
were
down
0.6-0.76
pc.
However,
Shanghai
rose
1
pc.
11:27
AM
Nifty volatile on F&O expiry; ONGC, HUL, down
The benchmark Nifty started the day on a flat to positive note following mixed Asian cues. The markets were consolidating ahead of F&O expiry.
At 9:02 am, the Sensex was trading at 16284, up 28 points and the Nifty was at 4867, up 9 points.
Realty, metal, technology and pharma stocks gained while cement, banking and FMCG stocks were under pressure.
Among the frontliners, L&T, Hero Honda, Ranbaxy Labs (ahead of annual numbers), Infosys, Bharti, HDFC, Hindalco, Sterlite, ICICI Bank and PNB were gainers.
However, ONGC, HUL, ITC, SBI and BHEL were seeing selling pressure.
Asian markets were trading mixed. Nikkei, Straits Times, Jakarta and Kospi were down 0.2-0.9 pc. However, Shanghai was up 0.94 pc and Hang Seng up 0.2 pc. Taiwan was flat.
The
US
markets
gained
post
Ben
Bernanke
pledged
to
keep
rates
low
for
a
long
time
in
his
testimony.
9:59
AM
OneIndia News