Mid Market Commentary

The market is trading in strong as robust buying interest seen across the board. All the BSE sectorial indices are trading in green. Capital Goods, Realty, Metal and Bank stocks are the most demanding ones. The overall market breadth is positive as 1703 stocks are advancing while 637 stocks are declining and 60 stocks remained unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,189.90 up by 204.20 points while Nifty was at 4,413.50 up by 57.15 points. The BSE mid cap is higher by 93.41 points at 6,608.83 and small cap advanced by 106.38 points to 7,911.84.

BSE Capital goods index surged 251.31 points to 13,043.25 as BHEL (2.12%), L&T (2.01%), ABB (1.93%) and Siemens (1.74%) are trading in positive.

BSE Metal index increased 210.60 points to trade at 11,379.97 as SAIL (3.47%), Hindalco (1.88%) and Tata Steel (1.72%) are trading in green while NALCO (0.39%) is trading in red.

BSE Banks index is trading up by 131.24 points to trade at 8,078.04 as SBI (2.82%), PNB (2.22%), ICICI Bank (1.44%) and HDFC Bank (0.61%) are trading in positive.

BSE Oil & Gas index was trading 105.56 points higher at 7,881.58 as RPL (1.82%), IPCL (1.40%), ONGC (1.03%), GAIL (0.91%) and BPCL (0.65%) are trading in positive.

BSE Auto index grew 61.14 points to trade at 4,808.22 as Maruti Udyog (2.04%), M&M (1.78%), Tata Motors (1.69%), Bajaj Auto (1.27%) and Hero Honda (0.46%) are trading in green.

BSE IT index increased 51.39 points to trade at 4,700.50 as Satyam (1.50%), Wipro (1.30%), Infosys (0.79%) and TCS (0.27%) are trading up.

BSE FMCG index advanced 35.21 points to trade at 1,967.54 as ITC (2.38%), HUL (0.99%) and Dabur (0.99%) are trading in green.

BSE Health Care index improved 16.47 points to trade at 3,631.95 as Sun Pharma (0.11%) is trading higher while GSK (1.97%), Ranbaxy (0.54%) and Dr. Reddy (0.47%) are trading lower.