Stock Market Tips-Indices recover with Nifty above 11,700, Sensex firm; Indiabulls Housing gains 4%

Benchmark indices recovered from the day's low and trading flat.

At 09:42 hrs IST, the Sensex is down 1.52 points at 39,111.22, and the Nifty down 8 points at 11683.50. About 485 shares have advanced, 1001 shares declined, and 42 shares are unchanged. 

It is weak start for the Indian indices on June 20 with Nifty around 11,650 level.

At 09:16 hrs IST, the Sensex is down 81.12 points or 0.21% at 39031.62, and the Nifty down 25.00 points or 0.21% at 11666.50. About 229 shares have advanced, 380 shares declined, and 36 shares are unchanged. 

Axis Bank, Wipro, UPL, TCS, Infosys, Tech Mahindra, IRB Infra, Ashok Leyland, HCL Tech, Yes Bank, Britannia and Maruti Suzuki are among major losers on the indices, while gainers were Indiabulls Housing, RIL ONGC, Eicher Motors, L&T and IOC.

Except energy and metal all other sectoral indices are trading lower led by the IT, auto, FMCG and pharma.

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