The market, which came off higher levels, continues to move in a tight band amid a lack of fresh triggers. Though select blue chips are finding some support, due largely on fairly encouraging results, the broad market is struggling to find its way up with investors mostly staying away on the sidelines.
At 20,018.20, the Sensex is up 27.30 points or 0.14% from its previous closing mark. The Nifty index of the National Stock Exchange is up 7 points or 0.1% at 6056.90.
Realty stocks, which were among the most prominent losers in the previous session, are trading firm right since trade commenced this morning. Consumer durables and metal stocks too are finding good support.
Select bank, oil and healthcare stocks are trading higher, while shares from capital goods, automobile and power sectors are trading weak. Information technology and FMCG stocks are mostly trading flat.
Realty stock DLF
continues to trade firm, gaining as much as 3.7%. Cipla
is up by a little over 2.5% and Sesa Goa
is trading 2.4% up. Axis Bank
, extending previous session's gains, is up 2.2% now. Tata Steel
and Reliance Industries
are also trading higher by over 2%.
ACC, Hindustan Unilever
, Ultratech Cement, Wipro
, Ambuja Cements
, ICICI Bank
, Grasim Industries
, Kotak Bank and Jaiprakash Associates
are trading higher by 1% - 2%.
GAIL India is down more than 3%. Punjab National Bank
is down with a loss of 2.7%. Tata Power
, Bank of Baroda
, Larsen & Toubro
, Bharti Airtel
, Tata Motors
are down 1% - 2%.
Nalco, up 7%, is the top gainer in BSE 'A' Group. Pidilite Industries
, IRB Infrastructure
, Indiabulls Financial Services
, Muthoot Finance
, Sesa Goa, GMR Infrastructure
, Strides Arcolab
, Aurobindo Pharma
, Power Finance Corporation
are also up with strong gains.