Markets remain choppy; CIL up 2%, Tata Motors, RIL dip
Markets have recovered from the lower levels and are trading marginally positive led by pharma shares. However, the upside is capped due to selling among index heavyweights like Tata Motors, RIL and HDFC.
At 10:40AM, the 30-share Sensex was up 11 points at 27,972 and the 50-share Nifty was up 2 points at 8,462.
The broader markets are however, outperforming the benchmark indices- BSE Midcap and Smallcap indices are up almost 1% each.
The top gainers on the Sensex are Coal India, Dr Reddy’s Labs, Hero Moto, BHEL and Cipla.
On the losing side, Tata Motors, HDFC, Reliance Inds, Hindalco and SBI are down 1-2%.