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Snapping two-day of downtrend, the capital market registered marginal gains on value buying in select stocks.
Benchmark Sensex gained 19 points at 19,920 while Nifty was up two points at 5,892 on Tuesday.
Opening on a weak note, the volatile Sensex touched a day’s high of 20,050 and low of 19,782.
IT stocks edged lower in choppy trade. There was value buying in automobile company stocks. Capital goods pivotals edged higher in choppy trade. Pharma stocks were mixed, with Dr Reddy's Laboratories hitting record high.
The market may remain volatile in the near future as traders roll over positions in the futures & options (F&O) segment from the near month September 2013 series to October 2013 series. The September 2013 F&O contracts expire on Thursday, said an analyst.
Major gainers include Ashok Leyland (8 per cent), Eicher Motors (6 per cent), IFCI (4 per cent), Jubiliant Foods (4 per cent), GMR Infra (3 per cent), Pidilite Inds (3 per cent), Hindustan Zinc (3 per cent) and Zee Entertainment (3 per cent).
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