Sensex rangebound, Nifty50 flat in skittish trade; Eros surges 4%

Free Nifty tips - The S&P BSE Sensex started traded in a range with a negative bias on Friday ahead of key IIP data, scheduled to be released later in the day. 

The 50-stock barometer Nifty50 came under pressure, but was still trading above its crucial psychological support level of 7,650.Shares of ITC, L&T, HDFC Bank, ICICI Bank contributed to the weakness seen on the BSE benchmark.

The broader markets outperformed the benchmark indices with the BSE midcap and BSE smallcap indices trading higher by 0.28 and 0.35 per cent, respectively. Among the sectoral indices, the BSE Metal index was the top perfomer gaining 1.31 per cent as base metals made a smart come back world over.The sentiment on the Street was positive with six of every ten stocks trading in the green.Shares of Texmaco Rail surged over 8 per cent while that of Eros International Media gained

Sensex 25,209, down 43 points, Nifty 7,672, down 12 points

Top Gainers: TATA STEEL (4.64%), VEDANTA LTD (1.80%) HINDALCO (1.65%), INFOSYS LTD (0.82%), RELIANCE IND. (0.62%)

Top Losers: ITC LTD (1.62%), ONGC (1.07%), L&T (0.97% ..