The 50-share NSE Nifty was consolidating at previous closing value and was moving in a narrow range of 6012-6045. Capital goods, technology, healthcare, realty, cement and auto companies' shares were helping the markets; ONGC was also quite supportive.
However, telecom, metal, Anil Dhirubhai Ambani Group and select power companies' shares were witnessing selling pressure, which limited the gains.
The Sensex was trading at 20106, with gain of 32 points and the Nifty rose 7 points to 6,018. The BSE Midcap Index was up 0.3% and Smallcap up 0.6% around 01:00pm IST.
Among largecaps, DLF, TCS, ICICI Bank, L&T, Tata Power, Ambuja Cements, Dr Reddy's Labs and Sun Pharma were up 0.7-2.2%.
However, Reliance Communications, Sterlite Industries, Reliance Infrastructure, Tata Steel, Hindalco, SAIL and Reliance Power slipped 0.9-3%.
BF Utilities, Jindal Photo, SBI, Reliance Communications, Tata Motors and Tata Steel were most active shares on exchanges.
New listing - Ravi Kumar Distilleries was trading at Rs 85, up 32.81% over issue price of Rs 64 a share.
In midcap space, BF Utilities rallied 14.41% as board approved FDI investment of Rs 500 crore in NECE (Nandi Economic Corridor Enterprises) via equity and convertible debentures.
ARSS Infra, Praj Industries, Gammon Infra and Essar Shipping gained 5-7% while Money Matters, India Infoline, KGN Industries, Shriram City and Blue Dart were down 2.6-5%.
In smallcap space, Shriram EPC shot up 15.74% and Transport Corp up 13.61%. Venkys, Kanani Industries and Jindal Worldwid were up 8-10% while Midfield Industries, SVC Resources, Bheema Cements, Sujana Towers and Spectacle Info declined 5% each.
About 1656 shares advanced on Bombay Stock Exchange as against 1071 shares declined.
0 comments:
Post a Comment