The markets were moving in and out of positive terrain due to lack of buying activity at higher levels. Nifty was trading with a gain of 16 points while Sensex added 62 points as compared to the previous close. SBI reported results above expectations in the topline. However, it disappointed with an increase in NPAs. Sectorally, most of the sectoral indices recovered their losses and came in the positive terrain. IT, Capital Goods and Teck were the only sectors trading with losses. Market breadth was positive and eight stocks advanced against every seven declines. (Pic. Source- bseindia.com)
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