Wednesday, December 15, 2010

Sensex lacklustre; Wipro, Infy, Tata Steel, SAIL up

At 10.58 hrs IST, the Nifty was trading flat ahead of credit policy today. The poll suggests there will be no change in credit policy rates. Heavy buying was seen in IT and telecom stocks. Auto, power and capital goods stocks witnessed some selling pressure.


The Sensex was up 38.65 points or 0.20% at 19686.42, and the Nifty up 1.60 points or 0.03% at 5893.90. About 1497 shares advanced, 1059 shares declined, and 906 shares remain unchanged. 

In the largecap space, Wipro was the top gainer with close to 3% gain. TCS, Infosys, Tata Steel and SAIL were up 1.5-2.5%. On the losing side, Mahindra and Mahindra, Tata Power, BHEL, Bajaj Auto and Tata Motors were down 1.6-2.7%.


Index heavyweight Reliance was trading at Rs 1,056.05 up 0.39% from its previous close of Rs 1,051.90. Refinery major HPCL was trading at Rs 415.20 down 0.47% from its previous close of Rs 417.15. Tech major Infosys was trading at Rs 3,272.00 up 2.13% from its previous close of Rs 3,203.65.


Hindustan Lever was trading at Rs 298.30 down 0% from its previous close of Rs 298.30. Cigarette major ITC was trading at Rs 165.95 down 0.42% from its previous close of Rs 166.65.


Top gainers on the BSE Midcap: Ispat Industries, Bajaj Hindusthan, Shree Renuka, United Breweries and Balrampur Chini were up 3-5%.


Top losers on the BSE Midcap: Network 18, Money Matters, Nagarjuna Construction, Jet Airways and Hind Nat Glass were down 3-6%.


Top gainers on the BSE Smallcap: Religare Technova, Sakthi Sugars, MarathonNextgen, Aditya Birla and Camlin were up 9-12%.


Top losers on the BSE Smallcap: Asian Hotel (E), Midfield Industries, SVC Resources, Parekh Aluminex and Shristi Infra were down 5-6%.

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