The markets are witnessing choppy trade on the back of mixed cues across the sectors. Metal, power, capital goods and some banking stocks slipped into red while technology, oil and telecom stocks still holding gains. Market breadth was 1:2 with 300 shares advanced while more than 700 shares declined. On the global front, Asian markets are trading firm.
At 10.46 hrs IST, the Sensex was down 11.30 points or 0.07% at 15739.10, and the Nifty down 6 points or 0.13% at 4748.20. About 1501 shares have advanced, 1481 shares declined, and 87 shares are unchanged.
Technology stocks are in focus, BSE IT Index was up 1.4% with buying interest in Wipro, Infosys and TCS, which up 1-2%. Cairn India and Sun Pharma were other top gainers.
Reliance Energy, Cipla, Maruti, Suzlon and ABB are top losers.
On the primary market front, Gammon Infrastructure was trading at Rs 150.70, down 10% to its issue price of Rs 167.
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