Nifty holds 7700 amid consolidation; ONGC, HDFC, Axis Bank down

Epic Update Axis Bank

The market remained choppy in afternoon trade with the Sensex rising 13.91 points to 25283.55 and the Nifty up 15 points at 7728.05. The market breadth continued to be positive as about 1422 shares advanced against 996 declining shares on BSE.

ITC, ONGC, Axis Bank, Coal India, HDFC and Bharti Infratel were down 1-2 percent while M&M, Bharti Airtel, Hindalco, Infosys, Tata Motors, Idea Cellular and Tata Power gained 2-5 percent.

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