Sensex closes with marginal gains, Nifty50 ends above 8,100

Amid erratic trade, market has ended flat as the Sensex ends with marginal gain, up by 33.83 points at 26350.17, and the Nifty above 8126.90, 12.60 points up. Airtel rallies 5 percent , SBI cracks 3 percent. About 1659 shares have advanced, while 934 shares declined, and 173 shares are unchanged. Bharti Airtel, Adani Ports, Hero MotoCorps, ONGC and ITC are gainers in the Sensex and the losers are SBI, ICICI Bank, Lupin, M&M and TCS. 

Amidst alternate bouts of buying and selling, stocks are swaying between gains and losses. The mood is quite cautious following a weak start in major European markets. Asian markets ended by and large higher though buying interest was quite.

Posted in: Indian Market Tips