Mid Session Market

The market is still trading in the red zone on the back of heavy selling pressure is seen in the selective scrips. The Oil & Gas, Capital Goods and Bank stocks are facing the heavy sell of today. Even the Asian market are also trading in red. The overall market breadth is negative as 1218 stocks are advancing while 1384 stocks are declining and 69 stocks remained unchanged on BSE.

The BSE Mid cap is lower by 16.93 points at 8,367.32 while the BSE small Cap advanced by 36.03 points to trade at 10,379.28.

At 12.32 pm, BSE Sensex was at 19,076.41 down by 171.13 points whereas Nifty was at 5,682.80 down by 48.90 points.

BSE Metal index improved 111.34 points to trade at 17,635.88. The major gainers are Sterlite Industries (2.12%), SAIL (1.51%) and Tata Steel (0.71%).

BSE Auto index inclined 16.33 points to trade at 5,311.96. Leading to it are Ashok Leyland (6.24%), TVS Motor (3.92%) and MRF (1.64%).

BSE Capital goods index dropped 91.56 points to 19,660.09. The main losers are Siemens (1.44%), BHEL (0.42%), ABB (0.38%) and L&T (0.29%).

BSE Banks index decreased by 116.36 points to trade at 10,474.59. The major losers are ICICI Bank (2.33%), PNB (2%) and HDFC Bank (1.03%) are trading lower.

BSE Oil & Gas index was trading 83.76 points lower at 12,131.52 as RPL (2.45%), RNRL (2.22%), GAIL (0.65%) and ONGC (0.27%) are trading in red.

BSE IT index down by 6.31 points to trade at 4,091.92 as HCL Technologies (2.26%), Wipro (0.66%), Satyam (0.23%) and Infosys (0.06%) are trading in negative territory.

BSE Power index dropped by 57.30 points to trade at 4,319.43 as Tata Power (3.46%), GVK Power (2.17%), Crompton Greaves (1.69%) and Reliance Energy (1.52%) are trading lower.

BSE FMCG index slipped 9.67 points to trade at 2,136.17 as Godrej Consumer (2.36%), Glaxosmith (1.45%), ITC (0.72%) and Dabur (0.13%) are trading in red.