Equity benchmarks started the trade on a negative note following weak global cues. Indices continued to see volatility for third consecutive session. The Nifty has been in a range of 5500-5600 since last week
M&M, Maruti Suzuki, Axis Bank, HDFC Bank, SBI, PNB, Reliance Industries, ONGC, Ranbaxy Labs, TCS, Jaiprakash Associates, HUL and Infosys were dragging the markets down in early trade.
However, the buying in Reliance Communications, Ambuja Cements, Reliance Power and ITC has trimmed the losses to some extent. At 9:21 hours IST, the 30-share BSE Sensex was trading at 18,437, down 59 points and the 50-share NSE Nifty fell 21 points to 5,535.
M&M, Maruti Suzuki, Axis Bank, HDFC Bank, SBI, PNB, Reliance Industries, ONGC, Ranbaxy Labs, TCS, Jaiprakash Associates, HUL and Infosys were dragging the markets down in early trade.
However, the buying in Reliance Communications, Ambuja Cements, Reliance Power and ITC has trimmed the losses to some extent. At 9:21 hours IST, the 30-share BSE Sensex was trading at 18,437, down 59 points and the 50-share NSE Nifty fell 21 points to 5,535.
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