Mid Market-Sensex marginally up, Reliance decline2.61% Analysis for May 20, 2014

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Indian benchmark indices managed to trade in positive territory, while selling pressure still persist. Heavyweight shares like Reliance industries, coal India decline. At 12:17PM BSE SENSEX was at 24387.18 up by 24.13 points or by 0.1 per cent and NSE Nifty was at 7269.35 up by 5.8 points or by 0.08 per cent.

The BSE MIDCAP was at 8233.46 up by 142.19 points or by 1.76 per cent, while the BSE SMLCAP was at 8548.38 up by 203.68 points or by 2.44 per cent.Sensex WatchThe top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 470.90,+4.35%), Sesa Sterlite Ltd. (Rs. 236.80,+4.07%), Hindalco Industries Ltd. (Rs. 157.55,+3.62%), Dr. Reddy's Laboratories Ltd. (Rs. 2345.80,+2.74%) and Housing Development Finance Corporation Ltd. (Rs. 939.60,+2.63%).

The top losers of the BSE Sensex pack were Coal India Ltd. (Rs. 369.55,-5.16%), Hero MotoCorp Ltd. (Rs. 2367.00,-3.17%), Oil And Natural Gas Corporation Ltd. (Rs. 404.10,-2.95%), Reliance Industries Ltd. (Rs. 1091.00,-2.61%) and GAIL (India) Ltd. (Rs. 422.10,-1.93%).

Nifty WatchThe top gainers of the NSE Nifty pack were Tata Steel Ltd. (Rs. 469.15,+4.08%), Sesa Sterlite Ltd. (Rs. 236.45,+3.82%), Hindalco Industries Ltd. (Rs. 156.90,+3.19%), Lupin Ltd. (Rs. 941.70,+3.00%) and IDFC Ltd. (Rs. 134.85,+2.98%).

The top losers of the NSE Nifty pack were Coal India Ltd. (Rs. 368.75,-5.19%), Hero MotoCorp Ltd. (Rs. 2367.10,-3.32%), Oil And Natural Gas Corporation Ltd. (Rs. 404.25,-3.00%), Reliance Industries Ltd. (Rs. 1087.00,-2.95%) and Punjab National Bank (Rs. 991.00,-2.26%).

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Story first published: Tuesday, May 20, 2014, 12:48 [IST]
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