Wednesday, November 28, 2007

Mid Session Market

The market is trading in the positive territory with significant gains on the back of heavy buying continued in the selective scrips. The Bank, Realty and Capital Goods stocks are in heavy demand in the opening trade. The Mid Cap and Small Cap are also the the buying hear from the investors and they outperformed the benchmark index. The overall market breadth is positive as 1692 stocks are advancing while 952 stocks are declining and 64 stocks remained unchanged on BSE.The BSE Mid cap is higher by 78.85 points at 8,472.34 while the BSE small Cap advanced by 111.30 points to trade at 10,483.37.

At 12.32 pm, BSE Sensex was at 19,234.15 up by 106.42 points whereas Nifty was at 5,707.05 up by 8.90 points.

BSE Capital goods index surged 208.82 points to 19,961.55. The main gainers are Areva (5.53%), BHEL (3.18%), L&T (0.93%) and Praj Industries (0.83%).

BSE Banks index increased by 166.81 points to trade at 10,662.27. The major gainers are Allahbad Bank (3.84%), Andhra Bank (3.37%), Kotak Bank (2.55%) and ICICI Bank (2.13%) are trading higher.

BSE Auto index inclined 60.84 points to trade at 5,409.05. Leading to it are Escorts Ltd. (3.90%), Maruti Suzuki (2.55%), Apollo Tyre (2.39%)

BSE Power index advanced by 57.58 points to trade at 4,405.28 as NTPC (1.92%), Power Grid (1.52%), Reliance Energy (0.84%) and Crompton Greaves (0.36%) are trading higher.

BSE Metal index improved 18.61 points to trade at 17,362.66. The major gainers are Jindal Steel (1.77%), Sesa Goa (1.68%), Tata Steel (0.67%) (0.50%).

BSE Oil & Gas index was trading 21.24 points lower at 12,175.76 as RPL (2.53%), BPCL (1.23%), ONGC (0.94%) and HPCL (0.34%) are trading in red.BSE IT index up by 18.76 points to trade at 4,126.24 as Tech. Mahindra (1.32%), Infosys (1.01%), Mphasis (0.92%) and I-flex (0.49%) are trading in positive territory.

BSE FMCG index inclined 0.97 points to trade at 2,142.36 as United Brew (2.09%), Glaxosmith Consumer (1.67%) and ITC (0.11%) are trading in green.

No comments: