Mkts volatile with negative bias: RIL, DLF, Bharti lose

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At 11:38 hours IST, the markets were trading lower but the volatility was still lingering. Realty, telecom, auto, select power and metal stocks along with Reliance Industries, ICICI Bank, Infosys, BHEL, HDFC Bank and ITC were putting pressure on the benchmark indices.

However, buying in TCS, L&T, HUL, Sun Pharma, Cairn, Tata Steel, Tata Power, ONGC, Wipro, Grasim and BPCL capped the losses.

The Sensex fell 73 points, to 14,713 and the Nifty declined 29 points, to 4,361. Among the broader indices, the BSE Midcap fell 0.9% and the Smallcap Index lost 0.3%.

The market breadth was also weak; about 1182 shares advanced while 1521 shares declined on the BSE. Nearly 452 shares were unchanged.

United Spirits, HDIL, Suzlon Energy, Tata Steel, DLF and Unitech were the most active shares on the bourses.

GMR Infrastructure tumbled over 5%. The company cut its QIP (qualified institutional placement) book to $100-200 million from $500 million and will close today.

On the next page - see how Indian markets performed in the last one and half hours