At 11:52 hours IST, the equity benchmarks were trading with moderate gains while broader markets were outperforming the benchmarks. Metal, auto, Anil Dhirubhai Ambani Group (ADAG), realty, oil & gas, select healthcare and financial companies' shares were helping the markets to maintain positive stance.
However, consistent selling in NTPC, Infosys, BHEL, Bharti Airtel, Wipro, HUL, ITC, HCL Tech, L&T and Bajaj Auto erased more than half of early trade gains. N Jayakumar of Prime Securities is cautiously bullish on markets for 2011. In an interview to CNBC-TV18, he said that Nifty may test 7,200 mark by Diwali and could end 2011 at 6,800-6,900. He is concerned that move towards new high wonDiscover 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!
