Monday, January 14, 2008

Mid Session Market

The market is trading on the back foot and the investors are taking calculated steps in booking their positions. The volatility gripped the market since the initial start of the session. The BSE Mid Cap and Small Cap are seems to attract investor''s confidence as most buying is seen from these baskets. The overall market breadth is positive, as 1536 stocks are advancing while 1210 stocks are declining and the 28 stocks remained unchanged on BSE.

The BSE Mid cap is up by 71.78 points at 9,510.26 and BSE small Cap is higher by 164.84 points to trade at 12,858.86.

At 12.38 pm, BSE Sensex is trading lower by 86 points at 20,741whereas Nifty is trading at 6,189.65 down by 10.45 points.

BSE Banks index grew by 105.64 points to trade at 12,584.60. Pushing it are IOB (5.83%), BOI (3.76%), Allahabad bank (3.65%), BOB (3.47%), Andhra bank (3.02%) and SBI (2.89%).

BSE Metal index is trading higher by 227.45 points at 18,978.05. The major gainers are Gujarat NRE (3.89%), Jindal Stainless (3.24%), JSW steel (2.99%), Sterlite Inds (1.58%) and Hindalco (1.01%).

BSE Oil & Gas index is trading up by 223.95 points at 14,056.55 as RNRL (6.11%), BPCL (3.54%), HPCL (3.02%), IOCL (1.78%), Reliance industries (1.53%) and RPL (1.48%) are trading in positive.

BSE Realty index is trading higher by 102.93 points at 13,585.81 as Penland (7.56%), Anant Raj (7.50%), Parsvanath (3.15%), Phoenix mill (0.99%) and Sobha Dev (0.97%) closed in green.

BSE IT index is trading lower by 72.95 points at 4,030.93 as Karut Net (4.99%), Wipro (3.49%), Infosys (2.73%), TCS (2.43%), HCL Tech (1.73%) and Aptech (1.50%) closed in red.

No comments: