Nifty hovers around 8550, Sensex weak; ACC, Ambuja Cements gain

Equity benchmarks traded lower amid consolidation in noon trade despite positive trend in Asian peers. The 30-share BSE Sensex was down 80.46 points at 27835.43 and the 50-share NSE Nifty fell 13.70 points to 8552.15.

ACC topped the buying list on Nifty, up nearly 5 percent followed by Adani Ports, Coal India, Cipla, Bharti Airtel, Asian Paints, BPCL, Ambuja Cements and Grasim with 1-2 percent.

 Axis Bank, Dr Reddy's Labs, BHEL, Reliance Industries, Tata Steel and Bank of Baroda were top losers, down 1-2 percent. L&T Infotech, which listed at a discount today, remained most active stock on exchanges followed by Axis Bank, Infosys, Tata Metaliks, Wipro, Wockhardt, HPCL and Shriram City. 

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