The Nifty was quiet in opening trade on the back of lack of global cues. Asian markets are shut today while US markets ended flat yesterday. Both Indian benchmarks were consolidating around their previous closing values amid thin volumes.
Among frontliners, Reliance Communications, BPCL, Tata Motors, Hero Honda, Reliance Power, L&T, ITC, M&M, ICICI Bank and HUL were witnessing selling pressure.
However, Bharti Airtel, Infosys, BHEL, Sterlite Industries, Tata Steel and Hindalco were on buyers' radar.
At 9:16 hours IST, the 30-share BSE Sensex was trading at 18,126, up 33 points and the 50-share NSE Nifty rose just 3 points to 5,435
The CNX Midcap Index fell 22 points to 7,734. About 416 shares advanced as against 368 shares declined on National Stock Exchange.
Midcap & Smallcap:
Bajaj Hindusthan, Shree Renuka Sugars and Balrampur Chini were up 2-3%. Sugar futures surged 4% at USD 0.35 per pound, highest since 1980.
Among frontliners, Reliance Communications, BPCL, Tata Motors, Hero Honda, Reliance Power, L&T, ITC, M&M, ICICI Bank and HUL were witnessing selling pressure.
However, Bharti Airtel, Infosys, BHEL, Sterlite Industries, Tata Steel and Hindalco were on buyers' radar.
At 9:16 hours IST, the 30-share BSE Sensex was trading at 18,126, up 33 points and the 50-share NSE Nifty rose just 3 points to 5,435
The CNX Midcap Index fell 22 points to 7,734. About 416 shares advanced as against 368 shares declined on National Stock Exchange.
Midcap & Smallcap:
Bajaj Hindusthan, Shree Renuka Sugars and Balrampur Chini were up 2-3%. Sugar futures surged 4% at USD 0.35 per pound, highest since 1980.
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