Nifty holds 11,600 in the midst of choppy trade ; Tata Motors, ONGC top gainers Benchmark indices opened flat on July 16 as traders are expected to announce more corporate income over the next month. The Sensex rose to 2.48 points at 38,899.19 while the Nifty dropped to 11,587 points by 1.40.

HDFC Asset Management Company, TV18 Broadcast, Network18 Media & Investments, Next Mediaworks, Federal Bank, Agro Tech Foods, DCB Bank, 5Paisa Capital, Jay Bharat Maruti and Vikas Multicorp are announcing their income for the June quarter today.

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