The Equity market opened a positive note but Sensex rangbound in morning session on Wednesday. Led by gainers Oil & gas, FMCG and technology stocks.
According to market expert, The market bullish trade, the trade is expected to rangbound after a sharp fall in previous session and await the Union Budget to be presented in the parliament tomorrow.
11:00 AM, The 30 share Sensex is trade up 62.62 points or 0.24% at 25644.73 and The 50 share nifty is trade 21.60 points or 0.28% at 7644.80.
The S&P BSE Midcap index was down 0.07 per cent and the S&P BSE Small cap index was fall 0.37 per cent.
The BSE FMCG index was gain 0.58%, BSE Oil & gas index gained 0.53% and the BSE IT index moved up 0.43% while BSE Auto index declined 0.77 per cent.
Nifty top gainers:- Hindalco 3.96%, ONGC 2.34%, BPCL 2.12%, Tata steel 1.74%, Asian paints 1.51%, Reliance 1.33%, Ambuja Cements 1.26%, BHEL 1.26%, IDFC 1.20%, Gail 0.99%.
Nifty top losers:- Tata motors 2.53%, M&M 2.24%, Hero motocrop 1.84%, Coal India 1.82%, Lupin 1.67%, SSLT 1.57%, Tech mahindra 1.50%, Cairn 1.42%, DR. Reddy’s 1.40%, Bajaj Auto 1.22%.