The market has opened the flat note on Thursday and continued to consolidate after profit booking in previous two consecutive sessions .
Sensex gained marginally 85.43 points or 0.30 percent at 27858.48. It touched a high of 27,844.30 and a low of 27,697.33 in morning trade. Nifty below its crucial level of 8600. Nifty was trading at 8591.20, up 15.90 points or 0.17 percent. It touched a high of 8,586.55 and a low of 8,547.45 in first 30 minutes of trade.
BSE Midcap Index was up 0.08 percent at 12654.08 and BSE Smallcap Index was trading 0.29 percent higher at 12227.
Bank Nifty gained 0.2 percent marginally at 18651.85. Reliance, Lupin, ICICI Bank, Bajaj Auto, and TCS are the major gainers in the morning trade. While Sun Pharma, M&M, SBI, Coal India, and Larsen are the losers in the Sensex.
Bank of Baroda's first quarter profit fell 59.7 percent to Rs 423.6 crore compared with 1052.15 crore in the last year. Net income interest declined 2.6 percent to Rs 3,371 crore from Rs 3,459.6 crore on yearly basis.
Today's Experts Trading Tips -
Finolex Ind - Buy, Stoploss - 451 Rs, Target - 464 Rs
Infosys - Buy, Stoploss - 1060 Rs, Target - 1120 Rs
Axis Bank -Sell, Stoploss - 580 Rs, Target - 540 Rs
India Cement -Sell, Stoploss - 122 Rs, Target - 114 Rs
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