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Sep 18, 2012, 11.59 AM IST
Indian equity benchmarks continued to trade in a narrow range around their previous closing values. The 50-share NSE Nifty was trying to hold the 5600 level since early trade, which fell 8.35 points to 5,601.65.
Housing finance company HDFC and software services exporter Wipro were down 2-2.5%. Index heavyweight Reliance Industries and top IT services exporter TCS fell 1.5% each.
Country's largest private sector lender ICICI Bank lost over 1% while its rival public sector lender State Bank of India gained 2%.
Commercial vehicle maker Tata Motors slipped 1% and aluminium major Hindalco Industries was down nearly 2%.
Shares of Infosys, BHEL and GAIL topped the buying list among Sensex 30, rising more than 2%. Cigarette major ITC went up 1.6% and telecom operator Bharti Airtel moved up over 1%.
State-owned lender Punjab National Bank shot up 5%.
In the smallcap space, ESS DEE Aluminium, Praj Industries, Surana Industries, SPML Infra and Triveni Engineering were up 7-16% while Atlanta, Kanani Industries, Panacea Biotec and Sandesh were down 4-5%.
The BSE Sensex and NSE Nifty opened volatile on Tuesday after a sharp run-up in last nine consecutive sessions. Experts feel it is expected that after more than 1200 points rally on the Sensex, the market should consolidate.
May 24 2013, 16:42
- in Rupee
May 23 2013, 09:33
- in Technicals