Wednesday, December 15, 2010

Nifty opens flat; Bharti, TCS, ONGC, Infy surge

At 09.17 hrs IST, the Nifty opened on a flat note in the opening bell. Selling was seen in auto, realty and metal stocks. Buying was seen in IT and telecom stocks. The broader markets too were trading flat.

The Sensex was up 55.51 points or 0.28% at 19703.28, and the Nifty was up 11.30 points or 0.19% at 5903.60. About 441 shares advanced, 263 shares declined, and 2758 shares remain unchanged.


In the largecap space, TCS, Infosys, Bharti Airtel, Wipro and Kotak Mahindra Bank were up 1-1.5%. On the losing side, ACC, Mahindra and Mahindra, Hero Honda, Tata Power and Bajaj Auto were down 1-1.5%.

Index heavyweight Reliance was trading at Rs 1,054.90 up 0.29% from its previous close of Rs 1,051.90. Refinery major HPCL was trading at Rs 419.50 up 0.56% from its previous close of Rs 417.15. Tech major Infosys was trading at Rs 3,251.00 up 1.48% from its previous close of Rs 3,203.65.

Hindustan Lever was trading at Rs 297.60 down 0.23% from its previous close of Rs 298.30. Cigarette major ITC was trading at Rs 166.50 down 0.09% from its previous close of Rs 166.65.
The most active shares on NSE were MOIL, Jaiprakash Associates, SBI, Hero Honda and Infosys.

MOIL was trading around Rs 465 mark. The stock listed on the bourses yesterday with close to 50% premium.
Top gainers on the BSE Midcap: Shree Renuka, Ispat Industries, Bajaj Hindusthan, Balrampur Chini and EID Parry were up 3.5-5%.

Top losers on the BSE Midcap: Money Matters, Network 18, Phoenix Mills, Indian Metals and Sadbhav Engineering were down 3-5%.

Top gainers on the BSE Smallcap: Religare Technova, Aditya Birla, MarathonNextgen, Sakthi Sugars and Dalmia Bharat were up 7-12%.

Top losers on the BSE Smallcap: Sundaram-Clayton, Midfield Industries, SVC Resources, Sujana Towers and Shristi Infra were down 5% each.

The US markets ended modestly lower as investors took a pause after stocks reached two-year highs and the dollar rose as concerns over European sovereign debt worries resurfaced.

No comments:

Post a Comment