12:30 pm: The markets have given most of its gains and are trading flat amid choppiness. Buying support is seen from capital goods, power, metal, oil and banking stocks. Midcaps and small caps are trading higher with a gain of over 1%. Realty, FMCG and auto stocks are under pressure. Market breadth is positive, nearly 3:1. On the global front, Asian markets were trading lower, Shangha is down 5%.
At 12.30 hrs IST, the Sensex is up 11.27 points or 0.07% at 15598.89, and the Nifty down 9.90 points or 0.21% at 4699.75.
About 1684 shares have advanced, 733 shares declined, and 655 shares are unchanged.
Top gainers on the bourses were L&T, BHEL, Tata Steel, Tata Power, Tata Communications and SAIL while losers - Grasim, Maruti, M&M, Unitech and Sterlite Industries.
Orchid Chemical, Reliance Capital, Reliance Industries and Reliance Power were most active shares.
Capital goods stocks are witnessing buying interest after hitting in the last few sessions. The BSE Capital Goods Index was up 1.6% due to buying in L&T, BHEL and Thermax.
Power stocks have charged up today. The BSE Power Index jumped 1.4% on the back of support from Tata Power, Reliance Energy, Reliance Power and NTPC.
Metal stocks are also on buying radar; SAIL and Tata Steel gained. The BSE Metal Index was up 1.16%.
source: http://moneycontrol.com/india/news/local-markets/mkts-choppy-cap-goods-power-up-realty-down/13/00/333493
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