Mid Session Market

The market is trading in negative territory on the back of selling in the selective scrips continued across the board. However the Metal stocks are in strong demand from the opening trade. The BSE Mid Cap and BSE Small Cap are in focus today, as heavy buying witnessed in these stocks only. As a result the overall market breadth remain extremely positive, as 2074 stocks are advancing while 754 stocks are declining and 31 stocks remained unchanged on BSE. The BSE Mid cap is higher by 76.19 points at 9,415.68 and the BSE small Cap advanced by 187.19 points to trade at 12,072.18.

At 12.35 pm, BSE Sensex was at 20,287.71 down by 88.16 points whereas Nifty was at 6,114.95 down by 44.35 points.

BSE Metal index surged 341.08 points to trade at 19,970.15. The major gainers are Ispat Industries (8.50%), Hindalco Industries (2.91%), Tata Steel (2.43%) and SAIL (0.69%).

BSE Health Care index grew by 40.15 points to trade at 4,214.13. Leading the gain are Cadila Health (5.82%), Biocon (4.40%), Lupin (2.73%) and Dr.Reddy (3.11%).

BSE Auto index inclined 64.40 points to trade at 5,834.42. Leading to it are Mahindra & Mahindra (2.66%), Hero Honda (2.12%), Bajaj Auto (1.19%) and Tata Motors (0.91%).

BSE FMCG index increased 67.82 points to trade at 2,257.34 as ITC (4.31%), Tata Tea (4.13%), Godrej Consumer (2.58%) and Glaxosmith Consumer (1.43%) are trading in green.

BSE Capital goods index improved 73.91 points to 20,382.18. The main gainers are Prajj Industries (3%), Punj Lloyd (1.17%), ABB (0.42%) and AIA Engineering (0.55%).

BSE IT index down by 21.94 points to trade at 4,331.65 as Wipro (1.57%), HCL Technologies (1.57%), Satyam (1.39%) and Infosys (0.89%) are trading in negative territory.

BSE Banks index slipped by 49.46 points to trade at 11,662.66. The major losers are ICICI Bank (1.63%), HDFC Bank (1.40%) and SBI (0.04%).

BSE Oil & Gas index was trading 11.09 points lower at 13,140.96 as BPCL (2.05%), GAIL (1.66%), RPL (1.31%) and ONGC (0.64%) are trading in red.