Nifty tests 5800; Infosys, SBI, ICICI Bank, HDFC Bank slip

At 12:25 hours IST - the benchmark Nifty was consistently witnessing selling pressure and was not able to cross 5850 level - in fact it was in narrow range of 5810-5850 since morning.

January 13, 2011 / 12:54 IST

At 12:25 hours IST - the benchmark Nifty was consistently witnessing selling pressure and was not able to cross 5850 level - in fact it was in narrow range of 5810-5850 since morning. Financial, healthcare and select metal companies' shares along with heavyweight Infosys were putting pressure on markets.

However, Anil Dhirubhai Ambani Group, cement and oil & gas companies' shares along with TCS, Wipro, Tata Motors, DLF, Sterlite, Bajaj Auto and Tata Power were on buyers' radar, which were quite supportive.

Nilesh Shah of Envision Capital said the start to 2011 has been pretty shaky. "That

first published: Jan 13, 2011 12:34 pm

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