Amid alternate rounds of buying and selling in front line stocks, the Indian market, which opened on a slightly listless note this morning, continues to trade weak.
With no prominent triggers to prompt investors to going on a buying spree, several stocks are seen struggling to edge higher today.
The Sensex, which declined to 19,686.34, is currently down 41.78 points or 0.21% at 19,723. The Nifty index of the National Stock Exchange is down 16.80 points or 0.28% at 5992.70.
ONGC is up 2.3%. Wipro, HCL Technologies, Tata Consultancy Services, Punjab National Bank, BHEL, Ambuja Cements, Cipla, GAIL India and Ranbaxy Laboratories are up with sharp to moderate gains.
Sesa Goa, Jindal Steel
& Power, Hindalco
and Tata Steel
are down 1.6% - 2.2%, on profit taking after recent strong gains.
, Tata Power
, Tata Motors
, Kotak Bank, HDFC Bank
, Axis Bank
, Bank of Baroda
, Jaiprakash Associates
are trading lower by 0.6% - 1.8%.
Shares of state run oil marketing firms are up sharply, amid reports of a likely hike in fuel prices, BPCL
is up nearly 3%. Hindustan Petroleum Corporation
is trading 4.5% up and Indian Oil Corporation
is trading stronger by 5.5%.
Shriram Transport Finance, Hindustan Zinc
, JP Infratech, GMR Infrastructure
, Federal Bank
, Zee Entertainment
and Adani Enterprises
are among the notable losers in BSE 'A' Group.