07 April 2011

Sensex consolidates

Indian equity benchmarks were just hovering around their previous closing values at 12 hours - the Nifty has been in a range of 5860-5900 for the third consecutive session today.

Heavyweights like SBI, HDFC, L&T and ICICI Bank were supporting the markets. However, TCS, NTPC, Reliance Industries, Infosys, Bharti Airtel, HDFC Bank, ONGC and Wipro were keeping the markets in a negative terrain with moderate losses.


The broader indices continued to hog the limelight - the BSE Midcap Index has been moving higher for the 14th consecutive session and the Smallcap Index higher for the seventh straight session - both gained 1% each.

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