01 July 2011

Nifty in narrow range


The benchmark Nifty was trading lower amid volatility today, pulled down by further fall in Reliance Industries,  Bharti Airtel, HUL, ITC, HDFC Bank, L&T and SBI. Overall the Nifty was moving in a range of 5610-5645.
However, the buying in ONGC, Infosys, TCS, ICICI Bank, Wipro and DLF has capped the downside.
The 30-share BSE Sensex was trading at 18,783, down 62 points and the 50-share NSE Nifty fell 15 points to 5,632. However, the broader indices were up over half a percent.

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