The market made a sharp turn around from the day''s low and is trading higher now on the backo strong buying is seen in the selective scrips mainly led by the Oil & Gas, Bank and Auto stocks. The broader market also recovered from the day''s low as significant buying witnessed in the Mid Cap and Small Cap stocks. The overall market breadth remains negative, as 1,052
stocks are advancing while 1,524 stocks are declining on BSE.
The BSE Mid cap is higher by 24.89 points at 7,853.95 and the BSE small Cap advanced by 25.71 points to trade at 10,172.57.
At 12.32 pm, BSE Sensex was at 17,980.58 up by 221.94 points and Nifty was at 5,242.70 up by 75.10 points.
BSE Metal index slipped 32.07 points to trade at 15,374.26. The major losers are Hindalco Industries (4.55%), Tata Steel (1.11%), Sterlite Industries (0.65%) and SAIL (0.45%).
BSE Capital goods index dropped by 127.40 points to 16,498.51. The main losers are ABB (3.27%), Praj Industries (1.12%), BHEL (1.26%) and L&T (0.72%).
BSE Banks index inclined by 29.97 points to trade at 10,929.83. The top gainers are Kotak Bank (2.79%), HDFC Bank (1.51%), Union Bank (1.39%) and Canara Bank (0.93%) are trading higher.
BSE Auto index increased by 56.19 points to trade at 4,868.65. Leading to its gain are Bajaj Auto (3.62%), Tata Motors (2.56%), TVS Motor (1.33%), Ashok Leyland (0.56%) and Mahindra & Mahindra (0.43%).
BSE IT index inclined by 40.31 points to trade at 3,748.63 as I-flex (2.47%), Infosys Tech. (2.43%), TCS (0.79%) and Financial Technologies (0.74%) are trading in green.
BSE Oil & Gas index was trading 293.94 points higher at 10,978.50 as Indian Oil (6.68%), RPL (4.90%), HPCL (4.57%), ONGC (3.05%) and Essar Oil (1.52%) are trading in green.BPCL is considering a proposal to acquire the assets of the beleaguered SPIC petrochemicals.
BSE Power index fell by 19.20 points to trade at 3,803.47 as GVK Power (3.16%), Power Grid (2.73%), Tata Power (2.12%) and Suzlon Energy (1.22%) are trading in red.
stocks are advancing while 1,524 stocks are declining on BSE.The BSE Mid cap is higher by 24.89 points at 7,853.95 and the BSE small Cap advanced by 25.71 points to trade at 10,172.57.
At 12.32 pm, BSE Sensex was at 17,980.58 up by 221.94 points and Nifty was at 5,242.70 up by 75.10 points.
BSE Metal index slipped 32.07 points to trade at 15,374.26. The major losers are Hindalco Industries (4.55%), Tata Steel (1.11%), Sterlite Industries (0.65%) and SAIL (0.45%).
BSE Capital goods index dropped by 127.40 points to 16,498.51. The main losers are ABB (3.27%), Praj Industries (1.12%), BHEL (1.26%) and L&T (0.72%).
BSE Banks index inclined by 29.97 points to trade at 10,929.83. The top gainers are Kotak Bank (2.79%), HDFC Bank (1.51%), Union Bank (1.39%) and Canara Bank (0.93%) are trading higher.
BSE Auto index increased by 56.19 points to trade at 4,868.65. Leading to its gain are Bajaj Auto (3.62%), Tata Motors (2.56%), TVS Motor (1.33%), Ashok Leyland (0.56%) and Mahindra & Mahindra (0.43%).
BSE IT index inclined by 40.31 points to trade at 3,748.63 as I-flex (2.47%), Infosys Tech. (2.43%), TCS (0.79%) and Financial Technologies (0.74%) are trading in green.
BSE Oil & Gas index was trading 293.94 points higher at 10,978.50 as Indian Oil (6.68%), RPL (4.90%), HPCL (4.57%), ONGC (3.05%) and Essar Oil (1.52%) are trading in green.BPCL is considering a proposal to acquire the assets of the beleaguered SPIC petrochemicals.
BSE Power index fell by 19.20 points to trade at 3,803.47 as GVK Power (3.16%), Power Grid (2.73%), Tata Power (2.12%) and Suzlon Energy (1.22%) are trading in red.
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