Monday, December 24, 2007

Mid Session Market

The market is facing a huge buying demand today. The Capital Goods, Metal, Oil & Gas and IT are in strong demand today. The BSE Mid Cap and BSE Small Cap are also trading with significant gain. The overall market breadth remains positive, as 2012 stocks are advancing while 799 stocks are declining and the 41 stocks remained unchanged on BSE.

The BSE Mid cap is higher by 170.13 points at 9,195.67 and the BSE small Cap advanced by 161.52 points to trade at 11,974.84.

At 12.31 pm, BSE Sensex was at 19,685.66 up by 523.09 points whereas Nifty was at 5,920.55 up by 154.05 points.

BSE Metal index surged 464.72 points to trade at 18,737.72. The major gainers are Tata Steel (4.61%), Sterlite Industries (3.98%), NALCO (2.36%), SAIL (1.51%) and Hindalco Industries (1.51%).

BSE Capital goods index increased 373.92 points to 19,099.61. The main gainers are BHEL (3.96%), L&T (2.06%) and Siemens (0.32%).

BSE Banks index advanced by 269.87 points to trade at 11,008.46. The major gainers are ICICI Bank (3.69%), HDFC Bank (2.50%), PNB (2.41%) and SBI (1.86%).

BSE Oil & Gas index was trading 275.64 points higher at 12,521.68 as Gail (5.83%), ONGC (4.53%), Cairn India (3.57%) and RPL (2.40%) are trading in green.

BSE IT index improved by 202.21 points to trade at 4,522.84 as Wipro (7.10%), Infosys (5.90%), TCS (5.26%) and Satyam (4.21%) are trading in positive territory.

BSE Auto index increased by 56.21 points to trade at 5,597.47. Leading to its gain are Mahindra & Mahindra (3.44%), Tata Motors (2.25%) and Hero Honda (1.29%).

BSE Health Care index grew by 61.69 points to trade at 4,304.22. Leading the gain are Opto Circuits (4.60%), Dr. Reddy (4.14%), Glenmark Pharma (2.19%) and Biocon (1.21%).

BSE FMCG index increased 28.48 points to trade at 2,226.93 as United Spirits (2.62%), ITC (1.68%), Marico (1.54%) and Godrej Consumer (1.39%) are trading in green.

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