Sensex, Nifty in volatile mood; SBI eyed

Published: Monday, February 13, 2012, 10:03 [IST]

The Indian benchmark indices opened on a positive note and was seen in volatile mood on Monday in morning trade, Asian trend was seen in positive terrain after Greek government approved austerity measures to avoid defaults.

SBI was seen trading low ahead of its quarterly results today and was seen at 2,120.60 down by 51.90 points or 2.39%.

At 10.00 am IST, the 30-share BSE Sensex was trading at 117706.24 down by 42.45 points or 0.24% and NSE Nifty was trading at 5364.00 down by 17.60 points or 0.33%.

In Asia, the major markets were trading in positive terrain after, the Nikkei 225 up by 58.72 points and was at 9006.46. The Hang Seng was up by 159.07 points and was at 20,943.90. Shanghai was marginally up by 3.21 points and was trading at 2,355.19.

Brokers said a firming trend on the other Asian bourses after Greece's parliament approved a new set of austerity measures that were required by international lenders in exchange for an emergency bailout influenced the sentiment, reports PTI.

Among sectoral indices on BSE, sectors were trading in mixed terrain. Oil and gas, Auto, Heath Care, Consumer Durables were leading the rally.

While on the losing side, the sectors failed to lure investors were Realty, TECk, Consumer Goods, Power.

On the National Stock Exchange (NSE), the top volume gainers were Sun pharma, Coal India, M&M, Hero Moto Cop, ACC posted gains between 1.48%-2.08%.

Losers in the morning trade were DLF, Reliance Communications, State Bank Of India, Tata Power and Reliance power.

GoodReturns.in

Story first published: Monday, February 13, 2012, 10:03 [IST]

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