The sectoral indices including oil 7 gas, finance, auto, FMCG, capital goods, power and realty gained. Their stocks went up 0.6 to 1.9 percent.
The losers were Wipro, Bharti, GAIL, TCS and Cipla. Cigarette major ITC which went up by 2.63 percent was the top gainer. Reliance Communications went up 2.35 percent and Maruti Suzuki gained 2.49 percent. Hindalco, Jindal Steel and Tata Steel gained 0.2 to 0.8 percent. ACC from cement segment moved up 1 percent and Ambuja Cements up 0.3 percent.
HPCL, IOC, BPCL, Aban Offshore and Reliance Industries were the most active shares on exchanges.
Nifty volatile; Kotak Mah Bank, IDFC gain
At 2:00 hrs, BSE Sensex was 17,607.32 up 73.23 points and NSE Nifty was 5281.60 up 25.45 points. Nifty continued the journey with a positive bias. European markets openend in green with marginal gains.
Shares of oil and gas, capital goods, FMCG and banking stocks witnessed heavy buying. Telecom, technology and metal stocks witnessed pressure.
Kotak Mahindra Bank, BPCL, IDFC, Idea Cellular and Ranbaxy Labs were up 2 to 3 percent in the large cap space where as Wipro, Infosys, Hindalco, SAIL and Tata Motors lose around 1 to 1.5 percent.
Infosys was down 1.23 percent, Reliance was up 1.66 percent and Refinery major HPCL was trading up 5.07 percent.
Hindustan Lever gained 0.23 percent and Cigarette major ITC was trading 0.74 percent up.
Nifty wavers; TCS, Wipro, SAIL plummet
At 12:00 hrs, BSE Sensex was 17,570.73 up 36.64 points and NSE Nifty was 5275.00 up 18.85 points. US and Asian markets which went flat put pressure on the Indian markets. Nifty was consolidating with a negative bias.
The shares of cement, technology, realty, metal, select capital goods and private banking companies witnessed selling pressure. Oil and gas, FMCG, PSU banking and select telecom stocks surged and supported the markets.
Infoysys was the top loser, which went down 1.86 percent. Hindalco plunged by 1.66 percent, Wipro was down 1.48 percent, DLF went down 1.15 percent, Bharti Airtel down 1.11 percent, SAIL was down by 1.27 percent and Tata Motors, down by 1.13 percent.
The top gainer was Kotak Mahindra Bank, which was trading up 3.30 percent. BPCL was in profit by 1.85 percent, IDFC went up 1.54 percent, Reliance Industries surged 1.45 percent, Ranbaxy Labs was up 1.26 percent, M&m was up 0.66 percent, Reliance Communications up 0.57 percent, ITC up 0.47 percent and HUL up 0.40 percent.
The active shares in the markets were those of HPCL, Aban Offshore, Reliance Industries, Reliance Communications, Tata Steel and ICICI Bank.
Markets open in red; Nifty down 38 points
At 9:20 hrs, BSE Sensex was 17,488.78 down 45.31 points and NSE Nifty was 5246.60 down 9.55 points. Nifty started the day with a flat note soen 38 points, resuming last day's fall further on negative global cues. Sensex also was trading in red down 140 points.
Asian markets declined 0.7 to 1.7 percent.
Kotak mahindra Bank gained 2 percent. The other gainers were HUL and BPCL. M&M gained by 0.86 percent. Reliance was up by 0.82 percent. HUL traded in green by 0.70 percent.
The stocks of Reliance, Kotak Mahindra, Tata Steel and SBI were most active in the market.