Markets end positively amidst choppy trade
Mumbai, Feb 10: The benchmark indices ended marginally higher amid choppy trade, on the back of support from capital goods, realty, banking, pharma, select auto stocks as well as Reliance Communication and Reliance Industries.
However, metal, FMCG stocks as well as NTPC, ONGC, Bharti Airtel, Reliance Infrastructure, Tata Motors and Infosys were under pressure. Railway and Airline stocks were buzzing today while sugar stocks witnessed profit booking.
The
30-share
BSE
Sensex
closed
higher
at
9,647.47,
up
63.58
points
or
0.66
per
cent.
The
50-share
NSE
Nifty
has
touched
a
high
of
2957.40
during
the
day,
before
ending
at
2934.50,
up
14.60
points
or
0.5
per
cent
over
previous
close.
4.21
PM
Markets still choppy; ONGC, Airtel under pressure
The benchmark indices gave up some gains due to weak opening of European markets and started trading choppy. Buying continues in capital goods, realty, banking, pharma, select power and auto stocks as well as in Reliance Industries and Reliance Communication. Broader indices are also witnessing buying interest. The volatility is still lingering in the markets.
However, ONGC, NTPC, Bharti Airtel, SAIL, Tata Steel, ITC, Infosys, Wipro, Hindalco, Tata Motors and HUL are under pressure.
The
Sensex
was
trading
at
9670,
up
86
points
and
the
Nifty
at
2,939,
up
19
points,
at
1.40
hours
IST.
BSE
Midcap
and
Small
cap
indices
jumped
1
per
cent
each.
2.29
PM
Buying seen in markets amidst volatility
Buying interest is seen in benchmark indices as a result of support from banking, realty, capital goods, pharma, select auto and power stocks. However, some volatility still prevails. The Nifty is inching towards the 2,950 level and the Sensex is moving towards 9,700 level.
SBI, HDFC Bank, ICICI Bank, DLF, BHEL, HDFC, Reliance Industries, Reliance Communication, L&T, Unitech and Sterlite are the biggest supporters for the indices. However, selling continues in ONGC, Bharti, SAIL, Ambuja Cements, Tata Motors and ITC.
The
Sensex
was
trading
at
9,677
up
93
points
while
the
Nifty
was
at
2,940,
up
21
points
at
11.48
hours
IST.
The
BSE
Midcap
and
Small
cap
indices
gained
more
than
1
per
cent
each.
12.17
PM
Markets choppy; TCS, ICICI Bank among gainers
The benchmark indices have seen a rangebound kind of trade, after seeing strong gains in the last two trading sessions. Reliance Capital, M&M, TCS, ICICI Bank, BHEL, Siemens, PNB, Reliance Communication and HDFC Bank are gainers while Tata Motors, ITC, Grasim, BPCL, SAIL, ONGC, Maruti, Tata Steel and Jaiprakash Associates are soft.
At 9.58 am, the Sensex was at 9,572, down 11 points and the Nifty was at 2,909, down 10 points. CNX Midcap 100 gained 14 points at 3,406.
OneIndia News (With inputs from Agencies)