Mid Session Market

The market has gained further grounds on the back of strong buying continued across the borad mainly led by the Metal, Capital Goods, Oil & Gas and Realty stocks. However, the IT stocks are still trailing under pressure. The NSE Nifty has touched a new life time high. The BSE Mid Cap and BSE Small Cap are also trading in line with the benchmark index today as significant buying also witnessed in these stocks. As a result the overall market breadth remain extremely positive, as 2240 stocks are advancing while 569 stocks are declining and 26 stocks remained unchanged on BSE.

The BSE Mid cap is higher by 147.57 points at 9,265.01 and the BSE small Cap advanced by 208.14 points to trade at 11,739.06.

At 12.32 pm, BSE Sensex was at 20,205.01 up by 274.33 points whereas Nifty was at 6,065.55 up by 104.95 points.

BSE Metal index surged 491.44 points to trade at 19,193.28. The major gainers are NALCO (8.22%), SAIL (2.95%), Hindalco Industries (2.07%) and Sterlite Industries (1.58%).

BSE Oil & Gas index was trading 270.35 points higher at 13,010.35 as ONGC (3.94%), GAIL (2.40%), RPL (1.76%) and BPCL (0.47%) are trading in green.

BSE Capital goods index improved 230.09 points to 20,361.01. The main gainers are BHEL (1.38%), L&T (1.30%), ABB (0.75%) and Siemens (0.72%).

BSE Banks index improved by 184.22 points to trade at 11,670.77. The major gainers are PNB (2.30%), HDFC Bank (2.07%), ICICI Bank (1.89%) and SBI 1.28%).

BSE Power index inclined by 51.09 points to trade at 4,552.42 as Torent Power (3.17%), GMR Infrastructure (3.04%), GVK Power (1.24%), NTPC (1.16%) and Power Grid (0.50%) are trading higher.

BSE Auto index inclined 66.16 points to trade at 5,743.55. Leading to it are Maruti Suzuki (2.01%), Hero Honda (1.89%), Bajaj Auto (1.40%) and Mahindra & Mahindra (0.65%).

BSE IT index down by 29.92 points to trade at 4,403 as Infosys (1.57%), Tech Mahindra (0.89%), NIIT Techno (0.78%) and TCS (0.42%) are trading in positive territory.