Markets are flat this morning. The Sensex is now down nine points at 16,702. The Nifty is down four points at 4,969.
The BSE bankex and realty indices have dropped arund 1% each to 9,344 and 4,379, respectively.
ACC and Hindalco have gained 2.3% at Rs 847. SBI has added 2% to Rs 2,151.
Grasim and Jaiprakash Associates have moved up 1.5% each to Rs 2,814 and Rs 251, respectively. Reliance Infrastructure, Tata Steel, TCS, Reliance and Hindustan Unilever are up around 1% each.
On the other hand, ICICI Bank has slipped 2.5% to Rs 851. Reliance Communications and Sterlite have dropped 1% each to Rs 308 and Rs 764, respectively.
The market breadth is fairly positive. Out of 2,279 shares traded 1,278 have advanced while 932 have declined.
