23:58
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The market remained volatile with the Nifty moving in a range of 8550-8600. Telecom, oil, FMCG, pharma and select private banks gained.
The Sensex rose 54.85 points to 28315.93 and the Nifty advanced 7.75 points to 8578.65. However, the broader markets underperformed benchmarks with the BSE Midcap and Smallcap indices falling 0.4 percent each.
About 745 shares have advanced, 1124 shares declined, and 134 shares are unchanged on the BSE.
Bharti Airtel climbed over 2 percent followed by NTPC and HUL with a percent gains.
Hindalco gained 1 percent and Usha Martin surged 15 percent. The government accepted bids for Brinda & Sasai coal block won by Usha Martin at Rs 1,804/tonne. It also accepted bids for Dumri coal block won by Hindalco at Rs 2,127/tonne.
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Posted in: Indian Market Tips
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