Friday, 16 May 2014

Market consolidate gains after initial euphoria

At 1:04PM, S&P BSE Sensex is up 726points at 24,631, while the NSE Nifty is trading up 222 at 7,345. It has hit a high of 7,563.

BSE Mid-cap is up 2.28% at 7,814, while BSE Small-cap is up 1.41% at 7,900.

Some buying activity is seen in banking, realty, metal and oil & gas sectors on BSE, while sectors such as IT and healthcare are losing sheen.

SSLT, ICICI, SBI, Axis, HDFC Bank and Coal India are among the gainers, whereas Dr Reddy's Lab, InfosysCipla and Wipro is losing sheen on BSE. 

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