The markets are witnessing volatility and are trading flat. The BSE oil & gas index has outperformed the other sectoral indices. Most of the energy stocks are providing support at the lower levels. The BSE midcap and small cap indices are also witnessing good buying interest. On the global front, Asian market ended mixed and Europen markets trading lower.
At 2:45 hrs IST, the Sensex is up 49.43 points or 0.31% at 15839.94, and the Nifty up 23.55 points or 0.50% at 4770.60.
About 1862 shares have advanced, 732 shares declined, and 479 shares are unchanged.
Top gainers on the bourses were Reliance Energy, TCS, Reliance Industries, Cairn India and Reliance Petroleum while losers - Bharti Airtel, Ranbaxy, HDFC Bank and Suzlon Energy.
Reliance group stocks are trading with strong buying support and are the most active counters on the bourses.
The BSE Oil & Gas Index surged over 3.3% and Capital Goods Index up over 2%. Power, IT and Metal indices were up more than 1.5%.
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