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Sensex up marginally amid cautious trades

Source : SIFY
Last Updated: Wed, Oct 03, 2012 09:48 hrs
Sensex drops 0.3 pct; RIL, Infosys fall

The market looks headed for a flat close today with investors not showing any great interest in building up positions. Asian markets ended on a mixed note and European markets are up slighly after a weak start, but then, with economic data from China and Australia turning out to be a bit disappointing, worries about global economic outlook have resurfaced again, prompting investors to tread cautiously.

The Sensex is now up 37 points or 0.19% at 18,861. The Nifty is up with a gain of 10 points or 0.17% at 5728.80.

IDFC is trading stronger by over 4.5%. Siemens is up with a sharp gain of 3.7%. Hindustan Unilever , Ambuja Cements , Dr Reddy's Laboratories , Coal India , Sesa Goa , HCL Technologies , Jaiprakash Associates and Tata Consultancy Services are up 1.5% - 2.5%.

Tata Steel , Reliance Industries , HDFC , Hindalco , State Bank of India , Sun Pharmaceutical Industries , Mahindra & Mahindra , ONGC and GAIL India are also trading notably higher.

Jindal Steel & Power has lost 4.8% on huge volumes. Power Grid Corporation , Bajaj Auto , Axis Bank , Hero Motocorp , Infosys , Tata Power , ITC , BPCL , BHEL , Kotak Bank and Cairn India are down with sharp to moderate losses.

Adani Enterprises , REC , Power Finance Corporation , Godrej Properties , Adani Exports , Reliance Power , GMR Infrastructure , Ashok Leyland , Reliance Capital , IDBI Bank , Colgate Palmolive and Shriram Transport Finance are up with strong gains.

Tech Mahindra , Exide Industries , Reliance Communications , Idea Cellular , Zee Entertainment , Titan Industries , Bank of India , Indian Hotels and Torrent Power are down with sharp losses.

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