Mid Session Market

The market has lost further points on account of heavy selling pressure continued among the selective scrips mainly led by the Bank and Capital Goods stocks. However the Metal and Oil & gas stocks are in demand today. The BSE Mid Cap and BSE Small have outperformed the benchmark index today. This leads to the overall market breadth to remain in positive as 1771 stocks are advancing while 876 stocks are declining and 68 stocks remained unchanged on BSE.

The BSE Mid cap is also higher by 101.98 points at 8,387.61 and the BSE small Cap improved by 152.02 points to trade at 10,191.40.

At 12.40 pm, BSE Sensex was at 19,757.37 down by 171.69 points and Nifty was at 5,904.95 down by 32.95 points.

BSE Auto index inclined 25 points to trade at 5,266.96. Leading to it higher are Hero Honda (1.79%), Bajaj Auto (0.34%) and Tata Motors (0.28%).

BSE Metal index grew 139.80 points to trade at 17,895.83. The major gainers are NALCO (1.43%), Tata Steel (1.28%) and Sterlite Industries (1.09%).

BSE Oil & Gas index was trading 145.43 points higher at 12,284.30 as HPCL (14.23%), BPCL (11.88%), GAIL (1.79%) and ONGC (0.32%) are trading higher.

BSE FMCG index increased 17.30 points to trade at 2,117.52 as Colgate Palmolive (1.98%), ITC (1.72%) and Dabur (0.76%) are trading higher.

BSE Health Care index increased marginally by 0.74 points to trade at 3,912.94. Leading the gain are Fortis Health (4.93%), Biocon (3.71%), Divi''s Lab (2.50%) and Pfizer (1.84%).

BSE Banks index slipped by 231.11 points to trade at 10,994.71. The major losers are HDFC Bank (3.77%), ICICI Bank (3.28%) and SBI (0.42%).

BSE Capital goods index dropped 77.03 points to 20.789.92. The main losers are BHEL (2.26%), ABB (1.47%) and L&T (1.20%)

BSE IT index down by 93.25 points to trade at 4,187.07 as Wipro (3.38%), Infosys (3.10%), Satyam (1.86%), HCL Tech. (1.33%) and TCS (1.32%) are trading lower.