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Markets volatile on expiry day.

Indian equity benchmarks opened volatile with the NSE Nifty hovering around its previous day’s closing value ahead of expiry for the October F&O contracts today. The Sensex gained 5 points at 18,714.97 and the 50-share NSE Nifty rose just 0.15 point to 5,691.55.

Index heavyweight Reliance Industries gained 0.5 percent.

Housing finance company HDFC and state-run oil & gas producer ONGC were up 0.9 percent each.

Country’s largest private sector lenders ICICI Bank and HDFC Bank were marginally down.

FMCG majors ITC and HUL were down 0.2 percent each. Top software services exporters TCS and Infosys slipped 0.5 percent.

Kingfisher Airlines fell 2 percent . United Spirits and UB Holdings were down 1.5 percent


 

 

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