Golden Investment Research Private Limited
Sensex flat amid seesaw trade; capital goods, Bharti down
Date : 07.02.2012
The market continued to hover around its previous closing value due to lack of global cues. Though Greece debt deal has not happened yet, global markets were mixed. The Sensex was down 55.4 points at 17,651.91 and the Nifty fell 14.35 points to 5,347.30.
Capital goods majors L&T and BHEL were down 1.4% & 2.6%, respectively. Shares of Bharti, Tata Steel and GAIL fell over 2%.
Major largecaps like Infosys and HDFC dropped 0.6%. HUL, M&M, Sun Pharma, Sterlite, NTPC and DLF slipped over 1%.
However, Reliance Industries retained its top position in the buying list, rising 1.5%. ICICI Bank and ITC rose 1% each. HDFC Bank, TCS, ONGC, JSPL, Wipro and Hero Motocorp gained 0.5-0.9%.
Even the market breadth was negative; about 1204 shares advanced while 1557 shares declined on the BSE.
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