Nifty consolidates for 3rd consecutive day; Indiabulls Housing up 4%


Equity benchmarks continued to consolidate for third consecutive session today, with the Nifty hovering around 9300 level.

The 30-share BSE Sensex was up 5.25 points at 29,923.65 and the 50-share NSE Nifty gained 5.55 points at 9,309.60. The market breadth also turned in favour of declines.

About 1450 shares declined against 1295 advancing shares on the BSE.

Indiabulls Housing, HDFC, Maruti Suzuki, BPCL and ONGC were top gainers among Nifty stocks, up 2.5-4.5 percent whereas Lupin, Bharti Airtel, Sun Pharma, Tata Motors, Ambuja Cements and ACC were under pressure.

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