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Markets still cautious. Real estate up.

Markets continue to trade cautiously as the Nifty continues to moves sideways around the 5500 mark. Indecisive trades lacking volumes have resulted in some stock specific actions. Real estate and some banking counters have seen rises.

At 10:26 AM, the Nifty is at 5531, down by 1 point or -0.02%.

DLF has seen a rise of 1.3% to trade at 235.60. Unitech is up by over 1%.

Index heavy weight RIL is up by 1.2% at 948.15.
Banking major SBI, is up by 0.7%. PNB is up by 0.4%.

Punj lloyd is up by 1.2%. Reliance Infra is up by 0.8%.
L&T, however is trading in the red with 1.2% cuts.

Sun TV has lost 2.7% to trade at 296.

IT major Wipro is also on the decline. Wipro is down by 0.8%.

BHEL, RCOM, Sterlite – have all lost over 0.4% in the trade.



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