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. "ThatDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
