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Markets flat. L&T surges.

The markets have been flat ahead of the expiry. The Sensex has moved up 59.29 points to 18,691.46 and the Nifty was up 14 points at 5,677.35.

Maruti Suzuki, JSPL, DLF, L&T, M&M, Tata Steel, Siemens, HDFC and TCS were trading higher.

Cement stocks continued their upmove for the second consecutive session today. ACC and Ambuja Cements gained over 1 percent. Jaiprakash Associates rose 1.7 percent.

Reliance Communications was up 1 percent as The Economic Times reported that after raising prepaid charges, the company will lower tariff in post-paid. Reliance Capital rose 1 percent.

ICICI Bank, Infosys, Tata Power, GAIL, Wipro, SAIL and Coal India were under pressure.

The CNX Midcap Index went up 28 points to 7745. About two shares advanced for every share declining on the National Stock Exchange.

In the second line shares, Kingfisher Airlines gained 3% ahead of lenders meet today.

RCF was up 2 percent. Shree Renuka Sugars, Dish TV and HDIL were up over 1 percent.

Anant Raj Industries was up 2.7 percent as the company sold arm Aakarshak Realtors for Rs 28.6 crore.


 

 

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