The markets have been directionless during the past hour, trading in a narrow range of 10 points on the Nifty.

The Sensex is quoting at 16,852, down 33 points, and the Nifty is at 5,010, down 10 points.

Also Read   Related Stories News Now - Markets continue to drift in the negative - Sensex continues to languish - Markets trade flat amid choppiness - Asian markets in red; Hang Seng drops 93pts - Nifty struggling at 5,000 - Markets slip into red, recover

Also Read   Related Stories News Now - Markets end on a strong note - Nabard FY14 operating surplus soars 28% to Rs 1,635 cr - RBI eases banks' term deposit restrictions - NMDC Q4 net down 21.74% to Rs 1,642.28 cr - Balrampur Chini Q4 profit up by 15% More

HDFC is up 2.8% to Rs 1,590, Sterlite has added 2.4% to Rs 779, and ONGC has gained 1.3% to Rs 1,172.

The market breadth is negative. Out of 2,705 traded stocks on the BSE, there are 1,186 advancing stocks and 1511 declining stocks.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end on a strong note - Nabard FY14 operating surplus soars 28% to Rs 1,635 cr - RBI eases banks' term deposit restrictions - NMDC Q4 net down 21.74% to Rs 1,642.28 cr - Balrampur Chini Q4 profit up by 15%

Tags : Markets | Sensex | Nifty   Read Business news in  Advertisements -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Journey on, We are by Your Side. Click here to know more -  Help a Child Achieve her. Click to know more -  2 Lac Apartments, 1 Lac House / Plots. Click here -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Watch The Film Here. Click here to know more.. -  Leader in Passenger Car & Automobile Tyres. Click here -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  Learn How One City is Running on FOOD SCRAPS. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  36 Lakhs can get you a pool of Luxuries. Click here -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More