24 May 2011

Nifty Unstable

The Indian markets opened on a flat note after drubbing it took from the hands of bears in last session. The global cues are not too supportive for the markets at this point of time. Buying was seen in capital goods and selective telecom stocks.

At 09.21, the Sensex was up 65.84 points or 0.37% at 18059.17, and the Nifty was up 28.05 points or 0.52% at 5414.60.About 625 shares advanced, 244 shares declined, and 2773 shares remian unchanged.

Nifty gainers: Larsen, Ranbaxy Labs, Grasim, Sun Pharma and DLF were up 1-1.4%.

Nifty losers: HCL Tech, Hindalco, GAIL, Sesa Goa and Jaiprakash Associates were down 0.6-2%.

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