Nifty volatile; ICICI Bk, Bajaj Auto, Axis Bk, HDFC down

At 13.01 hrs IST, the Nifty was hovering around 6100 mark with negative bias. It was a weak session for the markets on back of heavy selling in banks. Selling was also seen in capital goods, realty and auto stocks. Buying was seen in FMCG and IT stocks. The broader markets too were trading weak. BSE Midcap and Smallcap indices were down 0.5% each.

The Sensex was down 94.33 points or 0.46% at 20404.39, and the Nifty was down 36.75 points or 0.60% at 6109.60. About 1152 shares advanced, 1634 shares declined, and 392 shares remain unchanged.

In the largecap space, HCL Tech, Sun Pharma, Hindalco, TCS and Tata Power were up 1.4-2.7%. On the losing side, ICICI Bank, Bajaj Auto, Axis Bank, HDFC and Kotak Mahindra Bank were down 2-3%.

Index heavyweight Reliance was trading at Rs 1,083.05 up 0.6% from its previous close of Rs 1,076.55. Refinery major HPCL was trading at Rs 391.80 down 0.11% from its previous close of Rs 392.25.

Hindustan Lever was trading at Rs 321.90 up 0.26% from its previous close of Rs 321.05. Cigarette major ITC was trading at Rs 179.95 up 1.41% from its previous close of Rs 177.45.

Top gainers on the BSE Midcap: Jindal Saw, KGN Industries, EID Parry, Glodyne Techno and Hindustan Constructions were up 3-7%.

Top losers on the BSE Midcap: Anant Raj Industries, IBN18 Broadcast, Amtek Auto, Allahabad Bank and Syndicate Bank were down 3.5-5%.

Top gainers on the BSE Smallcap: Fame India, Transformers, Indo Tech Transformers, Jamna Auto and Welspun India were up 6-14%.

Top losers on the BSE Smallcap: Rollatainers, Spectacle Info, Sujana Towers, Urja Global and SVC Resources were down 4.8-5%.