The Nifty recovered from day's low and was placed above 6,200 mark as some buying activity picked up in frontline IT, metals and capital goods stocks. The trade is expected to remain range bound with stock specific action in absence of triggers from global markets
At 09:50 a.m the 50-share index was at 6,216.10, up 11.15 points or 0.18 per cent. The index touched intraday high of 6,220.10 and a low of 6,187.90 in early trade.
The S&P BSE Sensex was at 20,918.68, up 24.79 points or 0.12 per cent. It touched a high of 20,948.91 and a low of 20,849.78 in trade today.
The Bank Nifty faces immediate resistance around the 10,900 levels on the upside and an immediate Support at 10,550 levels on the downside.
Nifty gainers : wipro(1.88%), tata power(1.81%),HCL tech(1.66%), IDFC(1.63%)
SELL HDFC at 811.95 TGT 809,805,801 SL 815
SELL HEROMOTOCO at 2074 TGT 2066,2060,2054 SL 2082