The Indian equity markets turned directionless as they fluctuated between gains and losses in Wednesday's noon deals after paring majority of the morning gains ahead of the monthly derivative contracts expiry tomorrow.
At 12:38 hours, the 30-share benchmark index was trading at 37721.42 down by -12.66 points or by -0.03 % and then NSE Nifty was at 11138.35 down by -15.3 points or by -0.14 %.
Sensex touched intraday high of 38140.07 and intraday low of 37660.37 The NSE Nifty touched intraday high of 11259.55 and intraday low of 11137.2
The top gainers of the BSE Sensex pack were HDFC Bank Ltd. (Rs. 1049.85,+1.34%), HCL Technologies Ltd. (Rs. 830.60,+1.07%), Reliance Industries Ltd. (Rs. 2234.45,+1.05%), Infosys Ltd. (Rs. 1017.50,+1.02%), Hindustan Unilever Ltd. (Rs. 2044.75,+0.87%), among others.
The top losers of the BSE Sensex pack were Bharti Airtel Ltd. (Rs. 436.75,-7.28%), Tata Steel Ltd. (Rs. 360.65,-3.62%), NTPC Ltd. (Rs. 84.70,-3.48%), IndusInd Bank Ltd. (Rs. 526.65,-3.29%), Tata Consultancy Services Ltd. (Rs. 2446.45,-3.06%), among others.
Among the sectors, IT index was at 16465.01 up by 84.67 points or by 0.52%. Sasken Technologies Ltd. (Rs. 724.40,+5.89%), Brightcom Group Ltd. (Rs. 7.10,+4.87%), Mastek Ltd. (Rs. 849.50,+4.38%), 3i Infotech Ltd. (Rs. 3.22,+4.21%), KPIT Technologies Ltd. (Rs. 112.05,+4.14%),.
Power index was at 1608.91 down by -36.17 points or by -2.2%. Adani Green Energy Ltd. (Rs. 588.35,-5.00%), NTPC Ltd. (Rs. 84.70,-3.48%), Power Grid Corporation of India Ltd. (Rs. 164.10,-2.73%), Bharat Heavy Electricals Ltd. (Rs. 31.75,-2.61%), Adani Transmission Ltd. (Rs. 243.85,-1.30%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2648 , shares advanced were 1157 while 1324 shares declined and 167 were unchanged.