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Nifty trades flat, close to 6000

Markets started on a flat on the back of weak global cues with the Sensex up two points at 19,693 and the Nifty slipped four points to start at 5,982.

 

the midcap index started flat with a negative bias while the smallcap index was mildly in the green, up 0.06%.

Among the sectoral indices, Health care and auto indices were the only ones to start in the green, up 0.2-0.5%. The ones mainly in the red were Capital Goods, Metal, Consumer Durables, Power, Oil & Gas, IT and Bankex indices down 0.2-0.7%.

The top Sensex gainers in the opening trades were pharma names like Sun Pharma, Cipla and Dr Reddys Lab up 1% each. Tata Motors, HDFC, TCS, Mahindra & Mahindra, ITC, HDFC Bank and Maruti Suzuki up 0.10.7% were the other notable gainers.

Among the ones weighing on the Sensex were ONGC, Tata Steel, Hindalco, Hindustan Unilever and L&T down 1% each. Sterlite, GAIL,    BHEL, Infosys, ICICI Bank, Jindal Steel, Bharti Airtel and Wipro down 0.5-0.8% were the other significant losers


 

 

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