The Sensex has slipped into the negative zone. The index is now down 44 points at 16,454.
The Nifty is down 11 points at 4,887.
___________________________________________
(Updated at 1249 hrs)
The Sensex has pared gains again and is now at 16,534, up 35 points.
The NSE Nifty is at 4,909, up 11 points.
__________________________________________
(Updated at 1159hrs)
The Sensex after opening strong pared some of its gains to touch a low of 16,509. The index has however recovered and is now at 16,615, up 116 points.
The NSE Nifty is at 4,929, up 30 point.
The BSE Oil & Gas and the metal indices are up 1% each.
INDEX MOVERS...
Tata Motors has advanced 3% to Rs 599. Mahindra & Mahindra has soared around 3% to Rs 1,033.
ACC and Reliance Industries have added around 2.5% each to Rs 738 and Rs 2,069, respectively.
Reliance Infrastructure, SBI, ICICI Bank and Grasim have moved up 1-2% each.
...AND THE SHAKERS
Maruti Industries and Hero Honda have slipped 2% to Rs 1,455 and Rs 1,522, respectively.
Jaiprakash Associates, Bharti Airtel, BHEL, DLF and Hindalco are down below 1% each.
The market breadth is fairly positive, out of 2,485 shares traded, 1,412 have advanced and 991 have declined so far on the BSE.
VALUE & VOLUME TOPPERS
Reliance has topped the value chart on the BSE with a turnover of Rs 131.61 crore. It is followed by SBI (Rs 79.30 crore), Tata Motors (Rs 62.53 crore), Reliance Capital (Rs 60.17 crore) and Reliance Infrastructure (Rs 57.95 crore).
Cals Refineries has led the volme chart on the BSE with trades of 10.75 million shares. It is followed by RNRL (7 million), Suzlon (6.46 million), Austral Coke (5.01 million) and IFCI (4.78 million) shares.
