Sensex swings between positive and negative zone

Commentary

oi-Sneha

By Sneha B K

Published: Wednesday, January 4, 2012, 11:17 [IST]

The Indian benchmark Sensex opened with positive note but slipped immediately moving into negative zone as investors booked profit after yesterday's rally.

At 11.00 am IST the 30-share BSE Sensex was trading at 15,884.63 down by 54.73 points or 0.34% and NSE Nifty was trading at 4751.85 down by 13.45 points or 0.28%.

Asian markets were also seen trading in mixed zones. Japan’s Nikkei 225 rose 108.33 points or 1.28% to 8,566.18. China’s Shanghai Composite was down by 11.22 points or 0.50% at 2,188.13. Hang Seng index down by 54.73 points or 0.29% to 18,822.68.

Among Sectoral indices on the BSE, sectors trading in positive terrain were PSU, Capital Goods, Health Care posted gains between 1.38%- 0.39% gains.

Auto, TECk, FMCG, Realty were among the top losers.

On the National Stock Exchange (NSE), the top volume gainers were HCL Tech, Sail, Sesa ICICI bank and Bhel posted gains between 2.22%-3.55%

And the top losers in the opening trade were Bajaj Auto, ACC , M&M, Ambuja Cement and Hero Moto Cop were among top losers.

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