Mid Day Market Commentary

Market was trading flat after a highly volatile morning session ahead of Railway Budget to be presented today. Overall market breadth was positive as 1288 stocks advanced and 1042 stocks declined on BSE.

At 12.25 pm, BSE Sensex was at 13640 up by 7 points and Nifty was flat at 3939 levels. BSE Mid cap was up by 30 points to trade at 5695 and BSE small cap was up by 15 points to trade at 6919 levels.

BSE metal index was trading 159 points up at 8958 as NALCO (2.81%), Tata Steel (2.47%) and SAIL (2.06%) were in green.

BSE Oil & gas index was down 55 points at 6481 as IOC (2.50%) and Reliance (1.61%) were in red.

BSE Banks index was up 35 points at 6794 as Canara Bank (2.36%), SBI (0.43%) and ICICI Bank (0.12%) were trading higher.

BSE auto index was trading flat at 5336 as Bajaj Auto (0.73%) and Tata Motors (0.54%) were trading in green while M&M (1.53%) and Hero Honda (0.26%) were trading lower.

BSE capital goods index was trading 23 points up at 9251 as Siemens & ABB were trading up.

BSE FMCG index was trading at 1812, up by 26 points as ITC (2.47%) and HLL (0.75%) were trading in green.

BSE Health index was trading 14 points up at 3625 as Dr Reddys Labs (1.04% ) and Sun Pharma (0.58%) were in green.