Mumbai -- After opening positive in the morning and then slipping into red the maraket emerges with mixed results.
On the one hand, Ranbaxy has surged by 1% to Rs. 407 after the company received an approval to market an AIDS drug combination in India. The scrip touched a high of Rs. 410 and a low of Rs. 402 and recorded volumes of over 4 lakh shares on NSE.
Likewise, Reliance has gained by 1.8% to Rs. 1065 led by hefty volumes. The scrip touched a high of Rs. 1067 and a low of Rs. 1038 and recorded volumes of over 25 lakh shares on NSE.
In the same manner, IPCL has spurred by 3% to Rs. 285, the scrip is the biggest gainer among the 50-scrips of NSE Nifty and has touched an intra-day high of Rs. 288 and low of Rs. 277 and has recorded volumes of over 24 lakh shares on NSE.
Similarly, Rolta has surged by 2% to Rs. 215 after the company announced that it would make a strategic declaration today. The scrip touched an intra-day high of Rs. 223 and a low of Rs. 210 and has recorded volumes of over 26 lakh shares on NSE.
But, the market got the blow when SAIL dipped by 3% to Rs. 75, the scrip is the biggest loser among the 50-scrips of the NSE Nifty and has touched an intra-day high of Rs. 78 and low of Rs. 74 and has recorded volumes of over 43 lakh shares on NSE.
FMCG stocks are down on back of profit booking. Tata Tea has plunged by 1.8% to Rs. 841, Britannia has dipped by 1% to Rs. 1180, Mc Dowel has drowned by 0.7% to Rs. 591 and ITC has tumbled by 0.5% to Rs. 180.
