The market, continuing to move in a tight band, looks set to end the session with modest gains, thanks to a firm trend in oil, realty and information technology stocks. Metal and bank stocks are trading mixed. Pharmaceuticals stocks have come off their higher levels.
Automobile, power, capital goods and FMCG stocks are mostly trading flat amid lackluster moves by investors. Even as large cap stocks struggle to make a significant headway, several stocks from midcap and smallcap segments have moved up sharply on strong buying support.
is up 59.95 points or 0.27% at 19,769.19 now. At 6010.80, the Nifty
is up 17.55 points or 0.29% from its previous closing mark.
Dr Reddy's Laboratories, Cairn India
, Bharti Airtel
, Reliance Industries
, Tata Consultancy Services
, Ambuja Cements
and State Bank of India
are up 1% - 2.5%.
Tata Power, Lupin
, Sun Pharmaceutical
Industries, Maruti Suzuki
, Ultratech Cement, ITC
, Hero Motocorp, GAIL
, Jindal Steel
& Power, Larsen & Toubro
and HDFC Bank
are trading weak.
Midcap stocks Manappuram Finance
and Muthoot Finance
are up 20% and 12%, respectively. Indiabulls Financial Services
and Cholamandalam Finance are up 6% and 5.6%, respectively.
Sun Pharma Advanced Research, Hexaware Technologies
, Jet Air India, Allcargo Logistics, Anant Raj Industries
, United Phosphorus
, Indian Hotels
, Bajaj Finance
, Godrej Industries
, Mahindra & Mahindra
Financial Services and Shriram City Union are up 3.5% - 6%.