MUMBAI: The Sensex opened on a flat-to-positive note led by gains in realty, technology, oil & gas and metals even as the Asian markets moved higher.
At 09:20 a.m; the 30-share index was at 19,624.38, up 16.30 points or 0.08 per cent. It touched a high of 19,639.83 and a low of 19,590.70 in trade today.
The Nifty was at 5,930.80, down 2.15 points or 0.04 per cent. It touched a high of 5,940.20 and a low of 5,926.40 in trade today.
"The daily chart now depicts a 'Narrow Range Body' formation. The occurrence of said pattern near '20-day EMA' indicates uncertainty among market participants. Going forward, any sustainable move below yesterday's low of 19,574/5,922 may trigger further pessimism in the market," said Angel Broking note.
"In this scenario, indices may slide towards the recent swing low of 19,414/5879. On the flipside, any sustainable move beyond yesterday's high of 19,723/ 5,970 would negate the pattern and indices may then rally towards 19,768 - 19,865/5,991 - 6,025.".
The BSE Midcap Index was down 0.12 per cent and the BSE Smallcap Index was 0.09 per cent lower.
Among the sectoral indices, the BSE IT Index was up 0.57 per cent, the BSE Realty Index was 0.52 per cent higher, the BSE Oil & Gas Index was up 0.50 per cent and the BSE Metal Index moved up 0.17 per cent. The BSE Auto Index was down 0.60 per cent and the BSE Healthcare Index was 0.21 per cent lower.
ONGCBSE 1.34 % (1.33 per cent), TCSBSE 1.39 % (1.05 per cent), Coal IndiaBSE 0.92 % (0.75 per cent), Infosys Technologies (0.71 per cent) and HDFCBSE -0.41 % (0.61 per cent) were among top Sensex gainers.
Maruti (1.72 per cent), Tata MotorsBSE -1.63 % (1.72 per cent), WiproBSE -2.83 % (1.64 per cent), SBIBSE -1.13 % (1.43 per cent) and Tata PowerBSE -0.16 % (0.80 per cent) were among the losers.
The market breadth was positive on the BSE with 392 gainers against 360 losers.
The foreign institutional investors bought shares worth Rs 800.31 crore while domestic institutional investors sold equities worth Rs 289.69 crore on Wednesday as per the provisional data from the National Stock Exchange.
Meanwhile, the US markets ended mixed. The Dow Jones industrial average fell 35.79 points or 0.26 percent, to 13,982.91, the S&P 500 gained 0.9 point or 0.06 percent, to 1,520.33 and the Nasdaq Composite added 10.38 points or 0.33 percent, to 3,196.88.
Asian shares trading cautiously ahead of the G20 meeting of finance and central bank officials over the weekend for clues to their views about global growth. Nikkei 225 was up 0.55 per cent, Hang Seng gained 0.98 per cent and Taiwan Weighted was 0.25 per cent higher.
At 09:20 a.m; the 30-share index was at 19,624.38, up 16.30 points or 0.08 per cent. It touched a high of 19,639.83 and a low of 19,590.70 in trade today.
The Nifty was at 5,930.80, down 2.15 points or 0.04 per cent. It touched a high of 5,940.20 and a low of 5,926.40 in trade today.
"The daily chart now depicts a 'Narrow Range Body' formation. The occurrence of said pattern near '20-day EMA' indicates uncertainty among market participants. Going forward, any sustainable move below yesterday's low of 19,574/5,922 may trigger further pessimism in the market," said Angel Broking note.
"In this scenario, indices may slide towards the recent swing low of 19,414/5879. On the flipside, any sustainable move beyond yesterday's high of 19,723/ 5,970 would negate the pattern and indices may then rally towards 19,768 - 19,865/5,991 - 6,025.".
The BSE Midcap Index was down 0.12 per cent and the BSE Smallcap Index was 0.09 per cent lower.
Among the sectoral indices, the BSE IT Index was up 0.57 per cent, the BSE Realty Index was 0.52 per cent higher, the BSE Oil & Gas Index was up 0.50 per cent and the BSE Metal Index moved up 0.17 per cent. The BSE Auto Index was down 0.60 per cent and the BSE Healthcare Index was 0.21 per cent lower.
ONGCBSE 1.34 % (1.33 per cent), TCSBSE 1.39 % (1.05 per cent), Coal IndiaBSE 0.92 % (0.75 per cent), Infosys Technologies (0.71 per cent) and HDFCBSE -0.41 % (0.61 per cent) were among top Sensex gainers.
Maruti (1.72 per cent), Tata MotorsBSE -1.63 % (1.72 per cent), WiproBSE -2.83 % (1.64 per cent), SBIBSE -1.13 % (1.43 per cent) and Tata PowerBSE -0.16 % (0.80 per cent) were among the losers.
The market breadth was positive on the BSE with 392 gainers against 360 losers.
The foreign institutional investors bought shares worth Rs 800.31 crore while domestic institutional investors sold equities worth Rs 289.69 crore on Wednesday as per the provisional data from the National Stock Exchange.
Meanwhile, the US markets ended mixed. The Dow Jones industrial average fell 35.79 points or 0.26 percent, to 13,982.91, the S&P 500 gained 0.9 point or 0.06 percent, to 1,520.33 and the Nasdaq Composite added 10.38 points or 0.33 percent, to 3,196.88.
Asian shares trading cautiously ahead of the G20 meeting of finance and central bank officials over the weekend for clues to their views about global growth. Nikkei 225 was up 0.55 per cent, Hang Seng gained 0.98 per cent and Taiwan Weighted was 0.25 per cent higher.
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