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Markets end flat
January, 20th 2010

The Sensex has ended (provisional) at 17,458, down 28 points.

The NSE Nifty has ended (provisional) at 5,220, down five points.

(Updated at 1503hrs

Markets are flat now.

The Sensex is up eight points at 17,494. The Nifty is flat at 5,225.

Markets have continued to display weakness. Earlier, the Sensex pared gains on weak cues from the Asian markets and dropped to a low of 17,425. The index has now recovered to 17,451 - down 35 point.

The Nifty is down 16 points at 5,210.

Jaiprakash Associates has shed 3% at Rs 155. ONGC has dropped 2.6% to Rs 1,166. DLF and Sterlite have declined nearly 2% each to Rs 373 and Rs 854, respectively.

Wipro has slipped 1.5% to Rs 727 in spite of a strong Q3 performance.

HDFC Bank, Sun Pharma and ACC are the other losers in the index now.

On the other hand, Bharti Airtel has gained 3% at Rs 330. Tata Steel has added 2.3% to Rs 653. Hindalco is up 1% at rs 165.

Maruti Suzuki and ICICI Bank has added 1-2% each. HDFC has moved up marginally following the announcement of its Q3 numbers.

The BSE market breadth is negative. Out of 2,956 stocks traded, 1,746 have declined while 1,123 have advanced.


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