Defensive stocks weigh
Rangebound trade likely
Heavuweights such as RIL and ICICI Bank under pressure
BSE PSU, Power, FMCG and TECk indices have surged by almost 1% each
Reliance, HDFC among key draggers
Broader markets outperform
Nifty likely to seek support around 5,585-5,575
BHEL top loser among the Sensex stocks
IT, Auto shares buck trends
Sensex provisionally closed at 18,355 down 141 points
BHEL was the top Sensex loser, down over 4%
Nifty is likely to seek support around 5,535-5,525
BSE Capital Goods and Power indices have surged by almost 3% each
Banks and metals buoy index
GAAR postponement likely to some cheer
Oil&Gas, Realty and FMCG indices slip
Realty, oil and metal shares languish
Sensex slipped 77 points
Global cues firm
BSE IT and TECk indices have declined by nearly 1%