Amid alternate bouts of buying and selling in cautious trades, the market is moving in a tight range for more than a couple of hours now. Earlier, it was a fairly bright start for the market this morning, with investors picking up some front line stocks from across various sectors.
The Sensex is up 10.80 points or 0.06% at 19,428.26, off the day's high of 19,504.40. The Nifty index of the National Stock Exchange is down marginally at 5903.90, off an early high of 5930.80.
While stocks from automobile, healthcare and power sectors are finding some support, shares from information technology, consumer durables and FMCG sectors are mostly subdued.
Bank, oil, metal and capital goods stocks are trading mixed. Realty stocks, which saw some buying early on, have turned a bit subdued now. Not much buying is happening midcap and smallcap segments today.