Friday, December 14, 2007

Mid Session Market

The market is trading in between the positive and negative territory. There is nothing much movement in the large cap stocks. While the heavy buying witnessed in the Mid Cap and Small Cap stocks. negative territory on the back of selling in the selective scrips continued across the board. As a result the overall market breadth remain extremely positive, as 2264 stocks are advancing while 579 stocks are declining and 25 stocks remained unchanged on BSE. The Metal, Consumer Durables and Health Care stocks are in heavy demand today.

The BSE Mid cap is higher by 134.67 points at 9,510.61 and the BSE small Cap advanced by 236.06 points to trade at 12,243.39.

At 12.35 pm, BSE Sensex was at 20,152.12 up by 47.73 points whereas Nifty was at 6,071.90 up by 13.8 points.

BSE Metal index surged 155.23 points to trade at 19,922.95. The major gainers are Ispat Industries (2.64%), NALCO (2.04%), Hindalco Industries (1.44%) and JSW Steel (1.23%).

BSE Health Care index grew by 92.32 points to trade at 4,294.50. Leading the gain are Cipla (3.43%), Dr. Reddy (2.40%), Ranbaxy (1.70%) and Sun Pharma (0.45%).

BSE FMCG index increased 40.75 points to trade at 2,272.52 as Marico (3.45%), ITC (3.15%), Godrej consumer (2.53%) and Dabur (1.35%) are trading in green.

BSE IT index up by 0.41 points to trade at 4,284.78 as Educomp Solution (2.41%), Financial Technologies (1.39%), NIIT Techno (0.69%) and TCS (0.45%) are trading in positive territory.

BSE Banks index advanced by 4.24 points to trade at 11,499.64. The major gainers are Andhra Bank (1.13%), Axix Bank (0.76%), SBI (0.67%) and ICICI Bank (0.52%).

BSE Oil & Gas index was trading 34.88 points higher at 12,902.12 as Essar Oil (1.12%), Cairn (1.05%), ONGC (0.92%) and HPCL (0.55%) are trading in green.

BSE Capital goods index dropped 75.25 points to 19,986.71. The main losers are L&T (1.37%), BHEL (0.93%) and Siemens (0.62%).

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