At 12.09 pm, the Nifty was trading flat since morning and showed no signs of direction either way. Some buying interest was seen in oil & gas, metals, auto and power stocks. However, IT, FMCG, banking stocks were trading weak. The boarder indices were witnessing good buying interest.

The Sensex was down 29.62 points or 0.19% at 15488.87, and the Nifty was down 12.15 points or 0.26% at 4592.85.

About 1661 shares advanced, 1096 shares declined, and 421 shares were unchanged.

Manishi Raychaudhuri, BNP Paribas Securities, said “The monsoon will be a dampener on domestic consumption for the near-term. But there is uptick in the capex cycle as seen in the IIP data. Liquidity flows remain positive but valuations are expensive. ”

Top gainers on the bourses were ONGC at Rs 1,223.70 up 5.09%, GAIL at Rs 346 up 4.36%, BPCL at Rs 527.60 up 3.03% Hindalco at Rs 111.80 up 2.95%, Reliance Infra at Rs 1,198.95 up 2.64%, Tata Steel at Rs 482 up 2.44%, Sterlite Ind at Rs 674.60 up 2.20%, and Tata Comm at Rs 506 up 2.67%.

The BSE midcap and smallcap indices were up 0.17% and 1.32% respectively.

Top gainers on the BSE Midcap – IndraprasthaGas, Anant Raj Ind, Everest Kanto, Spice Comm and Apollo Tyres were up 5-7%.

Top gainers on the BSE Smallcap -NIIT Tech, Oil Country, Allied Digital, JSW Holdings and Oscar Inv were up 11-15%.

Refinery major HPCL was trading at Rs 366.15 up 3.43% from its previous close of Rs 354.00.

However, top losers on the Nifty were HCL Tech at Rs 272.10 down 3.77%, HDFC Rs 2,318. down 1.91%, ITC at Rs 235.50 down 1.61%, Wipro at Rs 508.85 down 1.51% and HUL at Rs 259.50 down 1.48%.

Tech major Infosys was trading at Rs 2,039.00 down 1.27% from its previous close of Rs 2,065.20.

source: Moneycontrol

Tags: banks, bse, FMCG, IT, nifty, nse, sensex

Similar Posts:

• Nifty below 3000: RIL, Infosys, Bharti, ICICI Bank tumble
• Sensex swings more than 1,000 points, ends flat
• Nifty opens at days high and ends down 35pts
• No global scare…Nifty ends above 4,400
• Sensex up 420pts; Reliance Infra gains 8%