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Monday, August 27, 2012

Markets trade flat; Infy, M&M up


The Indian markets open today's session on a flat note due to mixed global cues. The major heavyweights supporting the market are RIL, M&M, ICICI Bank, HDFC, Tata Motors, BHEL and HDFC Bank. Individual stocks like, Bharti Airtel gained on reports that the company may file IPO papers of its subsidiary Bharti Infratel soon. Reliance Industries rose after foreign research firm Goldman Sachs upgraded the stock. Among the 13 sectoral indices, the gainers are - BSE Oil & Gas up by 0.68%, BSE CD up by 0.28% and BSE FMCG up by 0.20%. Losers - BSE Realty fell by 0.76%, BSE Metal fell by 0.71%, BSE Bankex fell by 0.62%. At 9.51 am, the Sensex was trading at 17772.90, down by 9 points and the Nifty was trading at 5384, down by 2 points.