Mumbai, Mar 4: Nifty closed flat amid negative bias after recovering the morning losses. Buying interest were seen realty, metal, capital goods and power stocks. However, IT, oil & gas, and banking stocks experienced selling.
While Reliance, Infosys, ICICI Bank, ONGC HDFC stocks were negative contributors to the bourses, SAIL, L&T, DLF and Tata Steel were the positive contributors.
Benchmark Sensex was down 28.31 points or 0.17pc at 16971.70 and had touched an intraday high of 17,024.96 and an intraday low of 16,888.05.
Nifty after touching an intraday high of 5,096.95 and an intraday low of 5,049 was down 7.85 points or 0.15pc at 5080.25.
Top gainers on the bourses were SAIL up 4.59pc at Rs 237, Suzlon Energy at Rs 77.65 up 4.44pc, Unitech at Rs 78.50 moved 3.22pc, Reliance Comm at Rs 164.15 surged 2.15pc, DLF at Rs 304.45 up 2.08pc and Reliance Infra at Rs 1,025.20 up 2.04pc.
Top losers in the Nifty were Axis Bank at Rs 1,121.65 slipped 2.37pc, Cairn India at Rs 267.60 lost 1.74pc and Infosys at Rs 2,623.80 tanked 1.59pc, Infosys at Rs 2,623.40 down 1.4pc, Maruti Suzuki at Rs 1,459.50 slipped 1.2pc and ICICI Bank at Rs 897.95 dipped 1.17pc.
The top percentage gainers in the BSE include Sulzer at Rs 1,036.40 up 20pc, Orient Press at Rs 80.25 shot up 19.96pc, Maytas Infra at Rs 189.20 was up 19.07pc, Zuari Inds at Rs 600.30 moved up 16.06pc and Indo Borax at Rs 76 surged 13.94pc.
Tata Motors, Sesa Goa, Reliance, Tata Steel and Unitech were the most active shares on NSE.
Top gainers on the BSE Midcap - UB Holdings, MRF, Coromandel Int, 3M India and Apollo Tyres gained 6 to 12pc.
Top gainers on the BSE Smallcap - Sulzer, Zuari Inds, JK Tyre & Ind, Ceat and MSP Steel moved up 10 to 20pc.
The markets reported total turnover of Rs 83597.91 crore,, including Rs 15311.35 crore from the NSE cash segment, Rs 63065.91 crore from the NSE F&O and the balance Rs 5220.65 crore from the BSE cash segment.
Sensex down 81pts; IT, auto tank
Nifty continued to trade amidst negative bias and was between narrow band of 5050-5070. After a three day rally, profit banking was witnessed by the market.
realty, pharma and metal stocks continued to witness buying interest, while IT, oil&gas, auto, banks, capital goods and power stocks were experiencing selling pressure.
At 12:40 PM, Sensex was down 81.46 points or 0.48pc at 16918.55, and the Nifty down 27.25 points or 0.54pc at 5060.85.
Among the largecaps, Reliance Communication was the top gainer. DLF, Unitech, HUL and Reliance Infra shot up 1 to 1.6pc. while Axis Bank, Jaiprakash Associates, Infosys, Hindalco and M&M down 1.7 to 2.4pc were the losers.
Top gainers on the BSE Midcap: UB Holdings, Asian Star, Moser Baer, Atlas Copco and Honeywell Autom moved 4 to 10pc.
Top losers on the BSE Midcap: Amtek Auto, MindTree, KGN Industries, Punj Lloyd and M&M Financial lost 2 to 7pc.
Top gainers on the BSE Smallcap: Mahindra Forging, Henkel India, Surana Industries, Marg and Sulzer surged 6 to 10pc.
Top losers on the BSE Smallcap: Hinduja Foundri, Kwality Dairy, Jindal Worldwide, Nagarjuna Agri and OM Metals Infra lost 4 to 7pc
Trading at at Rs 338.85 Refinery major HPCL was down 0.56pc from its previous close of Rs 340.75. Index heavyweight Hindustan Lever was trading at Rs 242.00 surged 1.57pc from its previous close of Rs 238.25.
Reliance was trading at Rs 1,012.90 lost 0.89pc from its previous close of Rs 1,021.95. Tech major Infosys was trading at Rs 2,613.00 down 1.79pc from its previous close of Rs 2,660.65. Cigarette major ITC was trading at Rs 243.85 down 0.31pc from its previous close of Rs 244.60.
Nifty marginally lower; Tata Motors down
After opening flat, Nifty was trading marginally lower amidst negative bias and took a breather after a rally of 250 points.
Realty, metal and pharma stocks witnessed buying, while selling was seen in IT, auto and capital goods stocks.
At 10.48 am, Sensex was down 59.79 points or 0.35% at 16940.22, and the Nifty down 25.70 points or 0.51% at 5062.40.
Among the largecaps, top gainer was DLF with more than 2pc gain. Other gainers were Unitech, Grasim, Reliance Communications and Siemens with 1 to 2pc.
In the auto space, Tata Motors, M&M, Maruti Suzuki and Hero Honda slipped 1pc each.
In the banking space, ICICI Bank, HDFC Bank, HDFC and Axis Bank lost 0.3 to 1.3pc.
In the IT space, Infosys, TCS, Wipro and HCL Tech tanked 0.4 to 1.7pc.
Top losers on the BSE Midcap: Ruchi Soya, Whirlpool, Jet Airways, M&M Financial and Bayer Cropscien dipped 13 to 6pc.
Top gainers on the BSE Smallcap: Mahindra Forging, Henkel India, Surana Industries, Marg and Sulzer moved up 6 to 13pc.
Top losers on the BSE Smallcap: Kwality Dairy, Jolly Boards, Ushdev International, Nagarjuna Agrichem and Gemini Communications lost 3 to 5pc.
Nifty opens flat; Reliance Infra, Siemens up
Nifty opened on a flat note amidst negative bias. FMCG, oil&gas, power, realty and pharma stocks were witnessing buying interest, while Selling was seen in auto and IT stocks.
At 09.09 AM, Sensex was down 18.22 points or 0.11% at 16981.79, and the Nifty down 7.40 points or 0.15% at 5080.70.
Among the largecaps, Top gainers were Sterlite Industries, Siemens, Power Grid and Reliance Infra, while Ranbaxy, Tata Motors, Hero Honda, M&M, Hindalco, HDFC, HDFC Bank, IDFC, Infosys, ACC and Grasim were trading in red.
Hindustan Lever was trading at Rs 237.75 down 0.21pc from its previous close of Rs 238.25. Index heavyweight Reliance was trading at Rs 1,028.00 surged 0.59pc from its previous close of Rs 1,021.95.
Tech major Infosys was trading at Rs 2,637.05 down 0.89pc from its previous close of Rs 2,660.65. Cigarette major ITC was trading at Rs 245.30 up 0.29pc from its previous close of Rs 244.60. Refinery major HPCL was trading at Rs 341.45 up 0.21pc from its previous close of Rs 340.75.
Top gainers on the BSE Midcap: Atlas Copco, KGN Industries, Allcargo Global, Godfrey Phillip and Gujarat NRE Coke moved up 3 to 6pc.
Top losers on the BSE Midcap: Amtek Auto, Jet Airways, Indiabulls, Ruchi Soya and Aban Offshore lost 2 to 3pc.
Top gainers on the BSE Smallcap: Surana Industries, Gokul Refoils, Himatsingka Seide, Sandur Manganes and Gee Kay Finance surged 5 to 6pc.
Top losers on the BSE Smallcap: Sahara One, Shriram EPC, Kwality Dairy, Artson Eng and Thinksoft tanked 4 to 9pc.
Asian markets were trading flat. Shanghai Composite, Hang Seng, Nikkei 225 and Straits Times were marginally down, while Seoul Composite and Taiwan Weighted were witnessing marginal gain.
The US markets ended flat, off intra-day highs.