Nifty ends flat; realty, metal, capital goods gain
04 Mar 2010
The Nifty recovered its morning loss and closed flat with a negative bias. Selling was seen in IT, oil & gas, and banking stocks. However, realty, metal, capital goods and power stocks witnessed buying interest. Stocks like Reliance, Infosys, ICICI Bank, ONGC HDFC were negative contributors to the bourses, while SAIL, L&T, DLF and Tata Steel were the positive contributors.
The Sensex was down 28.31 points or 0.17% at 16971.70. It has touched an intraday high of 17,024.96 and an intraday low of 16,888.05.
The Nifty was down 7.85 points or 0.15% at 5080.25. It has touched an intraday high of 5,096.95 and an intraday low of 5,049.
Market breadth was positive; about 1727 shares advanced, 1181 shares declined and 273 shares unchanged.
Top gainers on the bourses were SAIL at Rs 237 up 4.59%, Suzlon Energy at Rs 77.65 up 4.44%, Unitech at Rs 78.50 up 3.22%, Reliance Comm at Rs 164.15 up 2.15%, DLF at Rs 304.45 up 2.08% and Reliance Infra at Rs 1,025.20 up 2.04%.
Top losers on the Nifty were Axis Bank at Rs 1,121.65 down 2.37%, Cairn India at Rs 267.60 down 1.74% and Infosys at Rs 2,623.80 down 1.59%, Infosys at Rs 2,623.40 down 1.4%, Maruti Suzuki at Rs 1,459.50 down 1.2% and ICICI Bank at Rs 897.95 down 1.17%.
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