Stock Markets lose early gains

Stock markets have lost their gains by the end of the trading session. NSE Nifty touched a high of 5368 after opening slightly higher at 5278 compared to Monday’s close. NSE Nifty touched a low of 5262.

Pharmaceutical counter Ranbaxy Labs has gained over 4.5% at 3 pm. The stock is at its highest level of the day.

The stock has gained quite decently from the recent low due to stock market crash.

Among other major gainers were ACC, Polaris Software, Rolta, SAIL and Tata Tea. Cement major ACC was up by 4.67%. The stock touched a high of Rs. 799 in today’s trading session. Polaris Software was trading 6% up at 3 pm.

Among major losers were Reliance Energy, UTI Bank and MTNL.

NSE Nifty was higher by 0.3% at 5294 and BSE Sensex was up by 67 points.