Nifty maintains range-bound trade, gains 21 pts

Maintaining its range-bound trend, buying in key heavyweights of banking, energy, IT and Infra counters amid firm global cues led the benchmark Nifty to gain by 21.30 points at the National Stock Exchange (NSE) today.
Investors remained cautious ahead of IIP and Inflation data later today.
Key lender ICICI bank was the biggest gainer in today's trade at 3.13 pct and HDFC at 1.38 pct, while Reliance surged 1.57 pct on value-buying after overnight fall of 2.03 pct. Infra major L&T rallied 1.70 pct.
Tata Steel crashed nearly 4 per cent on profit-booking after yesterday's Q3-oriented gains.
Shares of mid-cap and small-cap companies failed to enthuse investors amid lack of impetus in rail budget by Railway Minister Mallikarjun Kharge.

The market resumed strong on firm Asian stocks, and touched a high of 6,106.60 in morning trade, but it trimmed gains in narrow momentum before ending green.

The Nifty hovered between a high of 6,106.60 and a low of 6,077.40 before closing at 6,084.00, up 21.30 points, or 0.35 per cent, from its previous close.
Major gainers were ICICI Bank, GAIL, ONGC, L&T, BHEL, BPCL, HDFC, Hindunilvr, IDFC and Reliance.
Tata Steel, Cairn, Maruti, ITC, Dr Reddy, Ambuja Cem, Ranbaxy, Tata Power, Asian Paint and JP Associate witnessed profit-booking.
Turnover in the cash segment moved up to Rs 9,955.19 crore from Rs 9,524.20 crore yesterday. A total of 4,877.64 lakh shares changed hands in 50,32,089 trades, while the market capitalisation stood at Rs 66,03,299 crore.