Moneycontrol
Mar 26, 2013 02:31 PM IST | Source: Moneycontrol.com

Live Market Updates: Sensex, Nifty turn volatile; L&T drops 2.2%

Key equity benchmarks turned volatile in mid afternoon trade, ahead of F&O expiry.

Live Market Updates: Sensex, Nifty turn volatile; L&T drops 2.2%

Moneycontrol Bureau


Key equity benchmarks turned volatile in mid afternoon trade, ahead of F&O expiry. 


At 13.49 hrs IST, the Sensex is up 9.55 points or 0.05% at 18690.97, and the Nifty down 0.70 points or 0.01 percent at 5633.15.


European markets opened flat.


Shares of engineering major Larsen & Toubro (L&T) dropped 2.22 percent on the company's announcement that it has acquired 50 percent stake in Future Generali India Insurance Company owned by Kishore Biyani's Future Group for around Rs 500 crore. L&T shares are down more than 16 percent in 2013, but rose more than 60 percent in 2012.


RIL shares are struggling in trade today, down 2.6 percent; after rising 21 percent in 2012, the stock has lost more than 6 percent this year.

Stocks that have touched their 52-week low today: MMTC, SAIL, Tata Steel, DB Realty, Hero MotoCorp.

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