17 August 2011

Nifty above 5050


The NSE Nifty was trading with marginal gains in late trade. IT and FMCG stocks were trading in  thepositive terrain. However, heavy selling was seen in realty, auto and banking stocks.
Stocks like Reliance, ICICI Bank, SBI, DLF and Axis Bank were laggard in the bourses.
The Sensex was up 65.90 points or 0.39% at 16796.84, and the Nifty up was 9.30 points or 0.18% at 5045.10. About 797 shares have advanced, 1957 shares declined, and 917 shares remain unchanged.
Top losers on the Sensex were DLF at Rs 177.65 (down 6.01%), Maruti Suzuki at Rs 1,183.20 (down 3.46%), Tata Motors at Rs 776 (down 3.21%), ICICI Bank at Rs 909.80 (down 2.71%) and M&M at Rs 717 (down 2.09%).
Meanwhile, top gainers on the Sensex were TCS at Rs 1,000 up 2.66%, Coal India at Rs 397.75 up 2.62%, Sun Pharma at Rs 484 up 2.08%, Infosys at Rs 2,442.05 up 2.06% and HDFC at Rs 659.45 up 2%.
Cigarette major ITC was trading at Rs 203.40 up 1.7% from its previous close of Rs 200.

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