In Equity benchmarks continued to consolidate in
afternoon intraday trade with the Sensex rising 39.92 points to 26065.72 and the Nifty
advancing 3.10 points to 7770.95 but the broader markets slipped further. The
BSE Midcap Index lost 0.3 percent and Small cap declined 1 percent.
The Intraday market breadth was negative with the 1065 shares advanced and 1789 shares declined on the BSE.Infosys extended gains to 2.66 percent followed by TCS, ICICI Bank, Wipro, Hindalco Industries, Mahindra & Mahindra and Bajaj Auto with 1-2 percent. However, Tata Motors, Tata Steel, Axis Bank, Gail and Tata Power fell more than a percent.
The Intraday market breadth was negative with the 1065 shares advanced and 1789 shares declined on the BSE.Infosys extended gains to 2.66 percent followed by TCS, ICICI Bank, Wipro, Hindalco Industries, Mahindra & Mahindra and Bajaj Auto with 1-2 percent. However, Tata Motors, Tata Steel, Axis Bank, Gail and Tata Power fell more than a percent.
Index heavyweights ITC and HDFC slipped 0.5
percent each; Reliance Industries and HDFC Bank dropped 0.3 percent each.
Cement stocks topped the selling list in the Nifty with the Ambuja Cements,
UltraTech Cement, Grasim and ACC falling 2-2.7 percent.
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