Monday, November 19, 2007

Mid Session Market

The market is trading higher on the back of buying momentum is seen across the board. The Metal, Capital Goods and Realty stocks are in demand from the opening bell today. The BSE Mid Cap and BSE Small have significantly outperformed the benchmark index today. Both the indices are trading at their lifetime highs. This leads to the overall market breadth to remain in positive as 2130 stocks are advancing while 517 stocks are declining on BSE.

The BSE Mid cap is also higher by 207 points at 8,719 and the BSE small Cap improved by 291 points to trade at 10,672.

At 12.31 pm, BSE Sensex was at 19,801 up by 103 points whereas Nifty was at 5,962 up by 55 points.

BSE Capital goods index improved 235.8 points to 20.879.29. The main gainers are Siemens (5.48%), BHEL (0.75%), ABB (0.61%) and L&T (0.05%).

BSE Metal index surged 223.84 points to trade at 17,722.04. The major gainers are Tata Steel (2.01%), NALCO (1.97%), SAIL (1.91%) and Hindalco Industries (1.47%).

BSE Oil & Gas index was trading 172.05 points higher at 12,651.61 as ONGC (3.94%), GAIL (2.97%) are trading higher while BPCL (3.92%) and HPCL (2.22%) are trading lower.

BSE Auto index inclined 138.84 points to trade at 5,422.85. Leading to it higher are Bajaj Auto (4.56%), Mahindra & Mahindra (2.45%), Tata Motors (2.44%) and Maruti Suzuki (1.15%).

BSE Power index advanced by 97.04 points to trade at 4,689.01 as Suzlon Energy (3.78%), Tata Power (2.56%), NTPC (2.27%) and Reliance Energy (1.20%) are trading higher.

BSE Banks index increased by 2 points to trade at 11,005.05. The major gainers are PNB (3.48%) and SBI (0.17%) while ICICI Bank (1.60%) and HDFC Bank (1.60%) are trading lower.

BSE Health Care index increased by 68.93 points to trade at 3,953.96. Leading the gain are Cipla (3.31%), Sun Pharma (1.90%), Ranbaxy (1.21%) and GSK Pharma (0.58%).

BSE IT index up by 9.65 points to trade at 4,168.77 as HCL Tech. (1.71%), TCS (0.81%)and Wipro (0.65%) are trading higher.

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