Sensex Turns Choppy IT

Indian markets have witnessed a range session held on Tuesday, according to its negative stereotypes Asian peers. Metals, automobiles and banks led by a decline, while capital goods and stocks of pharmaceuticals some resistance.

"Asian markets are mixed this morning the Chinese market into the red again. Given the gloomy global economic situation, we expect moderate start the process.

Feelings may improve slightly if they are shivering in the field of external relations. But overall we still expect volatile session range.

See the technical level of a slowdown in 4950 and increased travel 5100-5200. Close below 4900 could lead to some panic. decisive breakout may continue to elude us up to 5300 Nifty-sustaining, "said India Info Line report.

10 hours, the Bombay Stock Exchange Sensex was 16,777.21, down 58.35 points, or 0.35 percent. The index touched the highest and lowest 16846.48 16744.13

National Stock Exchange Nifty was 5,035.85, down 24.05 points or 0.48 percent. The index touched the highest and lowest 5071.55 5024.25.

BSE Midcap Index rose 0.13 per cent and BSE Smallcap Index moved 0.70 percent higher.

Among the sectoral indices, BSE Metal index fell 1.36 percent and the BSE Bankex was 0.82 percent. BSE Capital Goods Index moved 0.72 per cent higher and BSE healthcare index was 0.33 percent.

Tata Motors (-1.84%), Tata Power (-1.79%), Hindalco Industries (-1.65%), HDFC Bank (-1.56%) and Sterlite Industries (-1.54%), Top Sensex losers were.

L & T (2.02%), Grasim Industries (1.47%), Wipro (1.35%), Bharti Airtel (1.29%) and Reliance Communications (0.99%) was the winner index higher.

scope of the contract winners was positive for BSE in 1410 losers against 798.

Asian markets were mixed. Nikkei 225 rose to 0.45 percent, and Hang Seng was 0.17 percent. Shanghai composite fell 0.81 per cent and Seoul composite fell 0.61 percent.