Mkts turn volatile; FMCG up, oil & gas exploration dip
Published on Tue, Jul 07, 2009 at 10:33 | Source : Moneycontrol.com
Updated at Fri, Jul 17, 2009 at 10:00
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Mkts turn volatile; FMCG up, oil & gas exploration dip
At 10:29 hours IST - the benchmark indices turned volatile, after positive opening in early trade. Selling in shares of oil & gas exploration, metal and select banking stocks was putting pressure on the markets. However, buying in FMCG, capital goods and select auto stocks capped the losses.
At 10:29 hours IST, the benchmark indices turned volatile, after positive opening in the early trade. Selling in shares of oil & gas exploration, metal and select banking stocks was putting pressure on the markets. However, buying in FMCG, capital goods and select auto stocks capped the losses.
The Sensex was down 11 points, to 14,031 while the Nifty rose 1.5 points, to 4,166. About 288 shares advanced while 751 shares declined on the NSE. The BSE Midcap Index fell 0.4% and Smallcap Index lost 1%.
Positive contributors were ITC, L&T, Bharti Airtel, ICICI Bank, Maruti, GAIL, BHEL, HUL, TCS and Axis Bank. However, Reliance Industries, ONGC, Sterlite, Cairn, Reliance Communication, SBI, SAIL, DLF, Jindal Steel, Tata Steel and HDFC Bank were negative contributors.
On the next page - see how Indian markets performed in the last half an hour
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