Mid Market Commentary

The market is now trading flat. The market is little volatile since its opening session. The Realty, IT and Bank stocks are facing the strong demand. However the FMCG and Auto stocks are facing the selling pressures. The overall market breadth is positive as 1597 stocks are advancing while 951 stocks are declining and 75 stocks remained unchanged on BSE.

At 12.30 pm, BSE Sensex was at 15,448.94 up by 26.89 points while Nifty was at 4,474.60 up by 0.15 points. The BSE mid cap is higher by 37.04 points at 6,757.11 and small cap advanced by 58.87 points to 8,253.32.

BSE Capital goods index improved 7.41 points to 13,596.19 as ABB (0.94%) and L&T (0.50%) are trading up whereas BHEL (0.88%) and Siemens (0.08%) are trading down.

BSE Banks index is trading up by 46.99 points to trade at 8,037.31 as Kotak Bank (1.04%) and ICICI Bank (0.55%) are trading in green while SBI (0.44%), HDFC Bank (0.26%) and PNB (0.28%) are trading in red.

BSE Metal index advanced 11.50 points to trade at 11,649.44 as SAIL (0.60%) and Sterlite Industries (1.01%) are trading higher while Hindalco Industries (1.65%) and Tata Steel (0.26%) are trading lower.

BSE Health Care index increased 29.44 points to trade at 3,660.77 as Cipla (5.23%), Ranbaxy (0.50%) and Dr. Reddy (0.02%) are trading in green whereas Sun Pharma (1.21%) and GSK (0.51%) are trading in red.

BSE Oil & Gas index was trading 6.30 points higher at 8,161.41 as GAIL India 1.27%, HPCL 1.04%, Indian Oil 0.95%, RPL 0.73% are trading in positive

BSE IT index advanced by 24.56 points to trade at 4,632.38 as Infosys 1.14%, TCS 1.06%, Rolta India 0.60% and Satyam 0.44% are trading up.

BSE FMCG index fell 10.69 points to trade at 1,992.42 as Colgate palmolive 1.52%, ITC 1.29% and Nestle 0.10% are trading lower .

BSE Auto index decreased 18.90 points to trade at 4,880.68 as Hind Motors 1.74%, Tata Motors 1.42%, Amtek Auto 1.59%, Maruti Udyog 0.66%, Bajaj Auto 0.61%, M&M 0.34% are trading in red.