Markets close with marginal losses
Mumbai, Aug 5: At 4.25 hrs, BSE Sensex was 18172.83 down 44.61 points and NSE Nifty was 5447.10 down 20.75 points.
Oil & gas, private financial, pharma, power, cement, metal and select telecom companies' shares faced losss. SBI, TCS, Tata Motors, HCL Tech, Unitech, Wipro, Bharti, ITC, Maruti, BHEL, PNB, L&T and DLF gained in market.
The top gainers were Unitech up 2.86 percent, HCL Tech up 2.63 precent, TATA Motors up 1.96 percent and SBI up 1.95 percent.
The
top
losers
were
Idea
Cellular
down
5.33
percent,
Ambuja
Cement
down
2.52
percent,
GAIL
down
2.47
percent
and
Reliance
Infra
down
2.06
percent.
04:25
PM
Nifty
struggles
to
break
5500
mark;
RIL,
Idea
dip
Indices
continued
trading
quiet.
While
Nifty
struggled
to
break
5500
mark,
Sensex
was
trading
up
just
over
20
points.
At 2 pm, BSE Sensex was at 18,244.59, up 27.15 points and NSE Nifty was at 5472.50, up 4.65 points.
Among the largecaps, Unitech, HCL Tech, SBI, Tata Motors and Kotak Mahindra were up, while Idea Cellular, GAIL, Ambuja Cements, Reliance Infra and Reliance Communications were on the losing side.
Heavyweight Reliance was down 0.24 per cent, IT major Infosys was up 0.9 per cent, and refinery major HPCL was up 1.74 per cent.
In the midcap space, Essar Shipping, Phoenix Mills, Britannia, UTV Software and Wockhardt were up while Indian Hotels, HMT, Bayer Cropscien, Alfa Laval and Manappuram declined.
Maharashtra
Scooters,
Andrew
Yule,
Lok
Housing,
ITD
Cementation
and
Halonix
were
the
smallcap
gainers
while
Future
Capital,
Well
Pack
Paper,
Resurgere
Mines,
Graviss
Hospitals
and
India
Securities
lost.
2:07
PM
Nifty rangebound; IT, FMGC, realty support
Benchmark Nifty is rangebound between 5460 and 5487 and Sensex continued its lacklusture trade.
At 11: 52 am, Sensex was trading at 18262, up 44.5 points and the Nifty was at 5477, up 9.55 points.
The indices were being supported by technology, FMCG, realty, and select metal companies' shares along with SBI, Bharti, Tata Motors, Maruti, L&T and Sun Pharma.
However,
the
gains
were
limited
due
to
selling
in
private
financial,
cement,
power,
PSU
oil
&
gas
companies'
shares
along
with
Idea,
Reliance
Communications,
M&M
and
Hero
Honda.
12:
10
PM
Mkts open flat with positive bias
The markets opened the day on a flat note but with a positive bias. While technology, capital goods, metal, realty and select auto companies' shares were witnessing buying interest, cement, private financial and FMCG stocks were reeling under pressure.
At 9:01 am, BSE Sensex was trading at 18266, up 49 points and NSE Nifty was at 5479, up 12 points. The CNX Midcap Index rose 30 points to 8550.
The
early
frontline
gainers
were
Maruti
Suzuki,
IDFC,
L&T,
Unitech,
Infosys,
Bharti
Airtel,
Reliance
Industries,
DLF
and
Siemens.
9:
19
AM
OneIndia News