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Nifty choppy; Infosys, HDFC Bank, Ambuja Cement down

30 Mar 10 04:42 PM
ET
MUMBAI: Benchmarks were witnessing a choppy trade with positive bias Tuesday after hitting 52-week highs in last session. Realty, PSU and auto stocks showed strength while IT stocks were under pressure on account of appreciating rupee.

At 1:10 pm, National Stock Exchange’s Nifty was at 5310, up 7.2 points or 0.14 per cent. The broader index hit a high of 5325 and low of 5229.75.

Bombay Stock Exchange’s Sensex was at 17743.80, up 32.45 points or 0.18 per cent. The index touched a high of 17783.35 and low of 17703.67.

BSE Midcap Index was up 0.69 per cent and BSE Smallcap Index moved 1.23 per cent up.

Amongst the sectoral indices, BSE Realty Index was up 2.38 per cent, BSE PSU Index advanced 1.54 per cent and BSE Auto Index gained 1.24 per cent. BSE IT Index was down 1.48 per cent.

DLF (3.86%), M&M (2.09%), Sterlite Industries (1.91%), Unitech (1.80%) and Jaiprakash Associates (1.76%) were amongst the top Nifty gainers.

Infosys Technologies (-1.86%), Ambuja Cement (-1.72%), HDFC Bank (-1.71%), TCS (-1.43%) and HCL Tech (-1.31%) resisted the upmove.

Market breadth was positive on the BSE with 1707 advances and 671 declines.