Information technology stocks are trading higher with a weak rupee aiding their surge. FMCG, healthcare and automobile stocks are trading mixed. Bank and Realty stocks are mostly trading weak.
GAIL India, BHEL and Sterlite Industries are down 3% - 4%. Coal India is down nearly 3% and Tata Steel is down with a loss of 2.8%, while Larsen & Toubro and Reliance Industries are trading lower by 2.4% and 2.3%, respectively.
BPCL, Tata Consultancy Services, Infosys, Bharti Airtel, DLF, ONGC and Maruti Suzuki are up 1% - 2.2%. Bajaj Auto, Asian Paints, ITC, Wipro, Tata Power, Ranbaxy Laboratories and Kotak Bank are also trading firm.
Pantaloon Retail, which moved up sharply earlier this week, is down more than 2% on heavy volumes. The Pantaloon Retail counter has clocked a volume of over 9 million shares on the National Stock Exchange today. Trent, Koutons Retail and Provogue Stop are also trading notably lower, while Shoppers' Stop, which drifted lower, has edged up a bit amid high volatility.