Amid a moderate degree of volatility, the market is trading in positive territory now, and with just a few more minutes to go for the bell and not much buying happening at several counters, the key indices look set for a somewhat flat close once again.
At 19,341, around 70 points off a high of 19,411.18, it had touched about half an hour ago, the Sensex is now up by about 24 points from its previous close. The Nifty is up 11.10 points or 0.19% at 5861.40.
Information technology stocks, led by bellwether Infosys, have turned in a fine performance today. Select automobile, FMCG and power stocks have also posted notable gains.
A few stocks from healthcare and banking sectors are up in positive territory with smart gains. Oil, metal, capital goods and realty stocks are trading weak, with quite a few of them posting sharp losses.
Infosys is trading stronger by around 2.7%. Tata Consultancy Services
, HCL Technologies
are up 1% - 1.8%.
Pharma stocks Ranbaxy Laboratories
(1.7%) and Sun Pharmaceutical
Industries (1%) are trading firm.
Power Grid Corporation, Tata Motors
, Hero Motocorp, BHEL
, State Bank of India
, Ambuja Cements
, Bajaj Auto
, Tata Power
and GAIL India
are also up in positive territory with notable gains.
, Jaiprakash Associates
, Larsen & Toubro
and Coal India
are down sharply, losing 1.5% - 3.5%, on selling pressure.
Ultratech Cement, Bank of Baroda
, Sesa Goa
, Reliance Infrastructure
, Punjab National Bank
, Hindustan Unilever
, Asian Paints
, Bharti Airtel
and Reliance Industries
are also trading notably lower.