Jun 29, 2009, 09.10 PM IST

Mkts end flat; oil & gas, metal, realty up, IT, cement dip

The markets closed on a flat note as it was a consolidation day post Friday's rally. Shares of oil & gas, metal, real estate, banking (barring ICICI Bank) and select infrastructure companies helped the benchmark indices.

Source: Moneycontrol.com
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15:36
The markets closed on a flat note as it was a consolidation day post Friday's rally. Shares of oil & gas, metal, real estate, banking (barring ICICI Bank) and select infrastructure companies helped the benchmark indices. However, selling in technology and cement along with HDFC, Tata Motors, Suzlon, Sun Pharma, Reliance Communication, ITC, Idea, Tata Power and Hero Honda put pressure on the markets.


Mkts end flat; oil & gas, metal, realty up, IT, cement dip
It looked like a follow-up session to Friday's rally, after seeing volatility in first hour of trade. The Nifty was inching towards 4450 level while the Sensex was edging towards 15000 mark. But both indices gave up all those gains in the last half an hour of trade and turned choppy.


The 30-share Sensex touched an intraday high of 14,955.55 and low of 14,685.45, before closing at 14,785.74, up 21.10 points or 0.14%. The 50-share NSE Nifty rose 0.35% or 15.45 points, to settle at 4,390.95, after seeing a day's high/low of 4439.95 and 4350.90, respectively.


Reliance Industries, ONGC, SAIL, Sterlite, DLF, NTPC, BHEL, SBI, Tata Steel, L&T and HDFC Bank were leading counters while Infosys, TCS, HDFC, Tata Motors, ITC, Reliance Communication, ICICI Bank, Wipro and Grasim were draggers.


On the next page - Turnover, Global Cues

15:00
Mkts turn choppy; Infy, TCS, HDFC, Tata Motors, ITC lose
At 15:02 hours IST - the markets were trading higher though they slipped a bit from the day's high. The selling was seen in Infosys, TCS, HDFC, ITC, Sun Pharma, Suzlon Energy, Reliance Communication, Wipro, Idea, Grasim, Hero Honda, Ambuja Cements and Tata Power, which fell 1-3.5%. Tata Motors plunged 7.5%.

Read More »

14:05
Mkts northbound led by oil & gas, banks, realty, metalsRead More »
At 14:05 hours IST - the buying in infrastructure, oil & gas, banking, realty and metal stocks strengthened the markets. Positive European markets were also being supportive to our markets. The Sensex was moving towards the 15000 mark while the Nifty was inching towards the 4450 level.

Read More »

13:05
Nifty above 4400; RIL, ONGC, DLF, NTPC, BHEL, SAIL leadRead More »
At 13.00 hours IST - the markets gained some strength on the back of upsurge in oil & gas, capital goods, metal, realty, power and banking stocks. The 50-share NSE Nifty surpassed the 4400 mark but the volatility was still lingering.

Read More »

Tags: sensex, nifty
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