Friday, December 3, 2010

Nifty hovering aroung 6000 mark

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The Sensex was trading around 20000 mark amid less volatility around 01:30pm IST. It was a quiet session for the markets as largecaps failed to gain momentum on either side in trade today. The broader markets underperformed largecaps. BSE Midcap and Smallcap index were down 1.6% and 2.2% respectively. Heavy selling was seen in realty and banking stocks. Buying was seen in IT and telecom stocks.

The Sensex was down 9.14 points or 0.05% at 19983.56, and the Nifty was down 27.60 points or 0.46% at 5984.10. About 771 shares advanced, 2098 shares declined, and 588 shares remain unchanged.

In the largecap space, Hero Honda, HUL, Dr Reddys, Bharti Airtel and Wipro were up 1.5-3%. On the losing side, Jaiprakash Associates, Reliance Infra, Axis Bank, DLF and Suzlon Energy were down 3-4%.

Index heavyweight Reliance was trading at Rs 1,015.05 up 0.55% from its previous close of Rs 1,009.50. Refinery major HPCL was trading at Rs 417.00 down 1.76% from its previous close of Rs 424.45. Tech major Infosys was trading at Rs 3,142.40 up 1.52% from its previous close of Rs 3,095.45.

Cigarette major ITC was trading at Rs 170.80 up 0.06% from its previous close of Rs 170.70. Hindustan Lever was trading at Rs 303.05 up 2.33% from its previous close of Rs 296.15.

Top gainers on the BSE Midcap: Manappuram, HMT, KGN Industries, Jyothy Labs and Jet Airways were up 2-6%.

Top losers on the BSE Midcap: Welspun Corp, Ackruti City, Videocon Industries, KS Oils and Core Projects were down 11-25%.

Top gainers on the BSE Smallcap: Elpro International, Mount Everest, TCI Industries, Shree Nath Comm and PTL Enterprises were up 5-7%.

Top losers on the BSE Smallcap: Parekh Aluminex, Karuturi Global, Murli, Hanung Toys and MSK Projects were down 14-20%.


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