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Jul 12, 2012, 08.23 AM IST
The 30-share BSE Sensex and 50-share NSE Nifty remained lacklustre since early trade. European markets too opened flat ahead of a critical EU summit that scheduled for June 28-29 in Brussels.
State-owned oil & gas producer ONGC and gas transportation services provider GAIL topped the buying list, rising 2.5% each.
Index heavyweight Reliance Industries and country's largest lender State Bank of India were marginally higher.
Private sector lender HDFC Bank and top software services exporter Tata Consultancy Services gained 1% each while Infosys slipped 1%.
Drug makers Sun Pharma, Dr Reddy's Labs and Cipla were up around 1%.
However, FMCG majors ITC and HUL were down 0.74% and 2.3%, respectively. Steel producers Tata Steel and Sterlite Industries declined 1%.
Top telecom operator Bharti Airtel and engineering and construction major by sales Larsen & Toubro were marginally down.
SENSEX-RUPEE-BSE-ONGC:BSE Sensex flat; rupee movement key
Indian equity benchmarks remained in a narrow range around their previous closing values. The market seemed to be priced in weak global cues and yesterday's less than expected measures announced by the RBI.
May 22 2013, 13:11
- in MARKET OUTLOOK
May 22 2013, 10:44
- in Economy