The markets exhibited choppy movement albiet in a very narrow range as select metal and banking shares witnessed profit taking. The Sensex started the day in red at 20,863, but soon recovered and bounced into the positive zone.
The BSE benchmark index touched a high of 20,949, but soon slipped back into red owing to profit-taking at higher levels. The Sensex dropped to a low of 20,810 - down 140 odd points from the day's high.
The Sensex finally ended with a marginal loss of 29 points at 20,865. The NSE Nifty was down two points at 6,203.
The broader markets out-performed the benchmark indices today. The BSE Midcap index was up 0.7 per cent at 5,988, and the Smallcap index jumped over a per cent to 5,871.
Among sectors, the BSE Power index soared 1.7 per cent to 1,614, and the Capital Goods index surged 1.1 per cent to 8,878. On the other hand, the Consumer Durables index slipped nearly a per cent to 5,879.
The market breadth was fairly positive - out of 2,673 stocks traded on the BSE, 1,492 advanced and 1,041 declined today.
Tata Power surged 2.6 per cent to Rs 82. Sun Pharma jumped over 2 per cent to Rs 644.
Coal India, Gail India and Wipro moved up around 1.8 per cent each to Rs 293, Rs 333 and Rs 515, respectively.
Tata Steel and Larsen & Toubro were also up over a per cent each.
On the other hand, Hindalco dropped 1.6 per cent to Rs 116.
HDFC and Mahindra & Mahindra slipped 1.3 per cent each to Rs 810 and Rs 877, respectively.
Hero MotoCorp, Reliance and Cipla were also down around a per cent each.
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The BSE benchmark index touched a high of 20,949, but soon slipped back into red owing to profit-taking at higher levels. The Sensex dropped to a low of 20,810 - down 140 odd points from the day's high.
The Sensex finally ended with a marginal loss of 29 points at 20,865. The NSE Nifty was down two points at 6,203.
The broader markets out-performed the benchmark indices today. The BSE Midcap index was up 0.7 per cent at 5,988, and the Smallcap index jumped over a per cent to 5,871.
Among sectors, the BSE Power index soared 1.7 per cent to 1,614, and the Capital Goods index surged 1.1 per cent to 8,878. On the other hand, the Consumer Durables index slipped nearly a per cent to 5,879.
The market breadth was fairly positive - out of 2,673 stocks traded on the BSE, 1,492 advanced and 1,041 declined today.
Tata Power surged 2.6 per cent to Rs 82. Sun Pharma jumped over 2 per cent to Rs 644.
Coal India, Gail India and Wipro moved up around 1.8 per cent each to Rs 293, Rs 333 and Rs 515, respectively.
Tata Steel and Larsen & Toubro were also up over a per cent each.
On the other hand, Hindalco dropped 1.6 per cent to Rs 116.
HDFC and Mahindra & Mahindra slipped 1.3 per cent each to Rs 810 and Rs 877, respectively.
Hero MotoCorp, Reliance and Cipla were also down around a per cent each.
Click Here for the Live Commentary.
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