BSE Sensex closed at 18666.71, up 21.65 points and the 50-share NSE Nifty rose just 3.85 points to 5607.85. The broader indices also ended flat with positive bias. However, the Nifty Sep 2010 futures closed at 10 points discount, as per provisional data.
ACC, Idea Cellular, Bharti Airtel, SBI were among the top gainers with 3.26 pc, 2.50 pc, 2.46 pc, 2.07 pc up respectively.
Rel Capital, Reliance Infra, Cairn India, Axis Bank were among
the top losers with 2.33 pc, 1.58 pc, 1.44 pc, 1.16 pc down
Mkts slip into red on fall in global markets
Fall in the global markets forced the Indian benchmarks to slip into the red territory. At 2: 20 pm, BSE Sensex was at 18,604.98, down 40.08 points and NSE Nifty was at 5587.25, down 16.75 points.
Private financial, capital goods, oil & gas, power and realty companies' shares along with ITC, Tata Motors, Infosys, Reliance Communications and Cipla dragged in the markets.
On the positive side, SBI, Sun Pharma, Bharti, HUL and M&M
along with cement and metal companies' shares were witnessing
buying interest and marginally capped the losses.
IT, realty help Nifty hit 5,600 mark again
On support from technology, realty, PSU banking, and cement companies' shares, Nifty recovered from the morning trade's low and has managed to inch its way over the 5600 mark.
At 12: 20 pm, BSE Sensex was at 18,670.05, up 24.99 points and NSE Nifty was at 5606.85, up 2.85 points.
Among the top gainers were Sun Pharma up 2.63 per cent, ACC up 2.15 per cent, SBI up 1.36 per cent; PNB up 1.29 per cent; Wipro up 1.21 per cent; TCS up 1.01 per cent and HUL up 0.93 per cent.
However, sell-off in private financial, metal, auto and power
companies' shares along with Reliance Industries, ITC, L&T,
Cipla and Reliance Communications was putting a bit of pressure on
markets weighed on the markets along with weak Asian cues.
Mkts open lower on weak global cues
After beginning the week with a rally above the 5500 mark touching a 31-month high, benchmark Nifty began the day on a negative note slipping on weak global cues.
At 9:01 am, BSE Sensex was trading at 18567, down 77 points and NSE Nifty was at 5580, down 24 points. The CNX Midcap declined 31 points at 8984; about 335 shares.
TCS, Bharti Airtel, Hindalco, ICICI Bank, Tata Steel, Axis Bank, Wipro, Infosys, DLF, Idea Cellular, SBI and Reliance Industries were the frontliners reeling under pressure.
On the positive side, Sun Pharma, GAIL, Cairn India, ONGC and
Suzlon Energy were witnessing buying interest.