By IANS
Mumbai : The Indian stock markets witnessed choppy trades and traded flat since opening Thursday, as investors were cautious ahead of the market regulator’s decision on participatory notes later in the day.
The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) swung over 500 points during intra-day trades and gained 0.11 percent at close on Wednesday because of across-the-board selling pressure. At around noon Thursday, Sensex was up by 156.29 points or 0.84 percent, trading at 18,669.20.
The broader S&P CNP Nifty index of the National Stock Exchange (NSE) was up by 36.10 points or 0.66 percent, reaching 5,532.
The mid-cap index was showing strong momentum and was up by 120.32 points or 1.57 percent, trading at 7,771.01.
Among the top gainers on the index were Tata Steel up by 7.67 percent at Rs.986.55, VSNL by 5.74 percent at Rs.555.20, and Hindalco showing a gain of 4.35 percent and trading at Rs.197.75.
Among the top losers were HCL Tech, losing ground significantly and among the top losers in the index by 5.24 percent and trading at Rs.283, Cipla down by 4.14 percent at Rs.188.65 and Dr Reddy’s Laboratories taking a hit of about 2.39 percent trading at Rs.615.