Nifty choppy; L&T, BHEL, ITC, ONGC, TCS dip

The benchmark Nifty was sailing through choppy waters at 14:07 hours. Capital goods, FMCG, metal and select healthcare companies' shares were witnessing selling pressure.

March 04, 2011 / 14:28 IST

The benchmark Nifty was sailing through choppy waters at 14:07 hours. Capital goods, FMCG, metal and select healthcare companies' shares were witnessing selling pressure. TCS, ONGC, Bharti, Tata Motors, ICICI Bank and PNB too were down.

London brent crude also touched USD 116 a barrel again, gained by USD 1.25 a barrel. Even the crude oil was trading near to USD 103 a barrel on the New York Mercantile Exchange.

Praveen Kumar, head-south Asia (Oil and Gas Team), FACTS Global Energy said the crude oil movement dependent on geopolitical tensions.

first published: Mar 4, 2011 02:11 pm

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