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Markets get volatile. Banks down

Markets are witnessing a volatile trading session with the stocks from many key sectors giving up the early gains. Banking and selected metal counters have seen trades on the downside.

At 10:46 AM, the Nifty is at 5275, down by 8 pts or -0.16%.

The CNX Bank Nifty is down by 34 pts or -0.4%. ICICI Bank has seen a decline of 0.8%. PNB is down by 0.5%.

Unitech, from the real estate space has seen a fall of 0.3%. Power major NTPC is down by around 1%. Suzlon energy is down by 0.8%. Powergrid is also down by 0.4%.

Tata motors is down by 0.9%.

Selected telecom stocks have however been trading in the green. RCOM is up by 2%, while Bharti Airtel is up by 0.4%.

Punjlloyd is also up by 1.6%. Ambuja Cements is up by 1.8%. Cairn India has surged up by over 3%. Petronet is also up by 1.2%. Titan industries is up by 1.5%.



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