Domestic markets opened on a weak note at the opening bell due to global weakness and continue to
trade in red till this afternoon and Sensex was down over 50 points in the intra-day trade, led by losses
in ICICI Bank, Infosys, HDFC Bank, L&T, among others.
Markets were witnessing some consolidation after three-day rally in the absence of any fresh trigger
from global markets. Trend may remain range-bound in the near-term ahead of assembly elections in
states like Delhi.
The Market breadth, indicating the overall strength of the market, was stronger with advance-decline at
1287/1024 at this afternoon.
There was a mixed trend among the sectors with Metal, PSU & Realty doing well while Banks, Auto & CD
witness profit booking among others during the intraday trades.
But midcap and small cap were doing well today with a gain of more than half to one percentage point at
this afternoon.
Hindalco dropped on profit booking after a recent rally. IT major Infosys declined. ICICI Bank fell on
profit booking after recent gains. ENIL hit 52-week high. Info Edge (Naukari.com) scaled record high.
Redington (India) rose on high volume after two block deals were executed on the counter on BSE.
Front line “A” group stocks like Bata, Eicher Motors, Tech Mahindra & JSW Steel made 52 week high
during intraday trades today.
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