For Quick Alerts
For Daily Alerts

Sensex trades flat; Grasim leads gainers

Sensex trades flat; Grasim leads gainers
Markets opened the day flat with a slight negative bias in line with most Asian markets which were trading in the red following a contraction in the US GDP.

The Sensex was trading lower by 3 points, while the Nifty shed 1 point in early trade. Among the losers

in trade from the index stocks were Tata Power, Tata Motors, Reliance Industries, NTPC and Coal India.

ICICI Bank lost ground and was trading 0.67 per cent lower ahead of its results to be declared later today. Shares of Colgate on the other hand dropped almost two per cent after its net profits disappointed investors.

Merck was trading higher after the company reported decent numbers for the quarter ending December 31, 2012.

PSU banking stocks which came in for heavy selling pressure on Thursday saw some recovery in trade. Among the PSU banks that gained today were Bank of Baroda, Bank of India, State Bank of India and Union Bank of India.

Realty stocks were trading lower with the CNX Realty index in the negative. Realty stocks that lost ground in trade were Anant Raj, DB Realty, Parsvnath, Oberoi Realty and Indiabulls.

Metal stocks were the clear laggards in trade today with Hindalco, Nalco, Tata Steel and Jindal Saw all dropping in trade today. Among non index stocks Unity Infra rose after the company received an order worth Rs 235 crores.

Meanwhile, most of Asia was trading in the red, except the Chinese Shanghai Composite which was trading with gains.

Read more about: sensex nifty
Story first published: Thursday, January 31, 2013, 9:29 [IST]
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more