Post Session Market

The Indian market made a smart recovery towards the final trading hours of the session to pare most of its losses. Tracking the weak global cues, the domestic market opened on a sad note and kept on hovering in the negative territory throughout the trading session. The market tumbled in the mid session as the finance minister announced a hike in short term capital gains tax to 15% from 10% earlier. This led to the negative sentiments in the market. The finance minister kept the corporate tax and the tax on securities transaction tax unchanged. The software stocks fell, as the government did not announce any relief for this sector in terms of export. Auto stocks gained as the government reduced excise duty on small cars to 12% from 16%. Government cut excise duty on hybrid cars to 14%, from 24%. India''s wholesale price index (WPI) rose 4.89 % in the 12 months to 16 February 2008 over the same period last year from the previous week''s rise of 4.35%. From the sectoral front, the metal stocks remained the centre of attraction as most buying was seen from these baskets. The BSE Sensex closed lower by 245.76 at 17,17,578.72 and NSE Nifty fell by 61.6 points to close at 5,223.50. The BSE Mid Cap and Small Cap closed lower by 31.37 points and 40 points at 7,680.39 and 9,628.13 respectively.

The Capital Goods index declined 479.36 points at 16,119.52. Major losers are Suzlon energy (5.67%), Punj Lloyd (4.69%), Crompton Greaves (3.59%), L&T (3.24%) and ABB (2.95%).

The BSE Metal index fell by 232.49 points to close at 16,739.52. Losers are Bhushan Steel (5.45%), Jindal Stainless (3.20%), Tata Steel (2.69%), Nalco (3.04%), Jindal Steel (2.21%).

The BSE Oil & Gas index dropped by 132.71 points at 11,032 as Reliance Inds (3.09%), ONGC (2.58%), BPCL (1.18%), RNRL (0.78%), HPCL (0.70%) and GAIL India (0.67%) closed lower.

The Realty index closed lower by 267.43 points at 9,565.67 as Unitech (4.57%), Akruti City (3.51%), DLF (3.08%), Indbul Real (2.24%), Mahindra Life (1.56%) closed in red.

Mid Session Market

The market is still trading lower as sustained selling pressure continued across the board. The Banks are the most hitted after the government announced in its budget of complete waiver of all loans for the marginal and small farmers. The waiver amount was Rs.50,000 Crores. In the budget the government''s main thrust is on health, education and agricultural sector. Finance Minister P Chidambaram said the Government is confident of maintaining the GDP growth of 8.8 % in 2008. He is also further confident of keeping inflation under check. The finance minister regarding tax slub of upto Rs150000 nil and Rs1.5 lakh to Rs3 lakh-10%, Rs3 lakh-Rs5 lakh-20% and Rs5lakh above 30%.However, the broader market is trading with marginal loss as compared to the benchmark index. The overall market breadth remains negative, as 1164 stocks are advancing while 1278 stocks are declining and the 81 stocks remained unchanged on BSE. The BSE Mid cap is lower by 2 points at 7,710 while the BSE small Cap advanced by 11 points to trade at 9,679.

At 12.31 pm, BSE Sensex was at 17,680 down by 144 points and Nifty was at 5,232.85 down by 52.28 points.

BSE Metal index dropped by 328.75 points to trade at 16,643.26. The major losers are Sterlite Industries (3.86%), Tata Steel (2.79%), NALCO (2.69%), Hindalco Industries (2.45%) and SAIL (1.98%).

BSE Capital goods index dropped by 222.88 points to 16,376. The main losers are ABB (3.50%), BHEL (0.90%) and L&T (0.88%).

BSE Oil & Gas index was trading 174.39 points lower at 10,990.48 as BPCL (2.99%), Gail India (2.34%) and ONGC (1.92%) are trading in red

BSE Banks index slipped by 305.38 points to trade at 9,768.53. The top losers are ICICI Bank (3.07%), SBI (2.26%), HDFC Bank (1.97%) and PNB (1.74%).

BSE Power index decreased by 29.19 points to trade at 3,718.92 as Suzlon Energy (4.24%), GMR Infra (1.16%), Crompton Greaves (0.64%) and Reliance Power (0.71%) are trading in red.

Pre Session Market

The Indian Market is likely to have a negative opening on the back of negative cues from the global markets. On Thursday, the market recovered significantly towards the final trading hours of the session on the back of heavy buying across the sectoral indices. The market which remained subdued for most of the day get a boost only after the finance minister presentation of the Economy survey report. Some of the main highlights of the survey was like FY''08 economic growth at 8.7% as against 9.6% a year ago followed by Inflation rate to decline from 5.6% in FY''07 to 4.4% in ''08, Farm growth in FY''08 seen at 2.6%, against 3.8% a year ago. The BSE Sensex closed flat at 17,824.48 while NSE Nifty closed higher by 16.7 points at 5,285.10. We expect that the market may remain cautious during the trading session and the declaration of union budget by the finance minister at 11 am will give further directions to the market.Expectations from the budget are that the corporate income tax rate may be cut or the 10% surcharge on corporate tax may be abolished. FM may raise the Securities Transaction Tax (STT) slightly. It is also expected that the FM would announce some relief packages for troubled export sensitive sectors like textiles, rubber, jewelry, leather and IT services.

On Thursday, the US market was closed in negative. The Dow Jones Industrial Average (DJIA) closed lower by 112.10 points at 12,582.18 along with NASDAQ trading down by 22.21 points at 2,331.57 and S&P 500 index fell by 12.34 points to close at 1,367.68.

Today, the major stock markets in Asia are trading weak. Japan''s Nikkei is trading lower by 337 points at 13,587.88 along with South Korea''s Kospi trading down by 1.3% at 1,714.17 and Singapore Strait Times is trading at 3,032.65 down by 1.4%.

Today, Nifty has support at 5,112 and resistance at 5,314 and BSE Sensex has support at 17,215 and resistance at 18,015.

Post Session Market

The market recovered significantly towards the final trading hours of the session on the back of heavy buying across the sectoral indices. The opened weak on the back of unfavoring cues from the Asian markets. The market which remained subdued for most of the day get a boost only after the finance minister presentation of the Economy survey report. Some of the main highlights of the survey was like FY''08 economic growth at 8.7% as against 9.6% a year ago followed by Inflation rate to decline from 5.6% in FY''07 to 4.4% in ''08, Farm growth in FY''08 seen at 2.6%, against 3.8% a year ago, Industrial growth slower at 9% in first 9 months of FY''08, Forex reserves up by $91.6 bn to $290.8 bn on Feb 8, 2008, Capital inflows rise to 7.7% of GDP in first half of FY''08 as against 5.1% in FY''07, FDI inflows reach $11.2 bn, outward investments surge to $7.3 bn in April-September, Rupee rose by 8.9% against USD during current fiscal, Exports reach $111 bn in first 9 months of FY''08; Imports grow 25.9%, Allow 100 per cent FDI in Greenfield private agri banks. From the sectoral front, the metal stocks remained the centre of attraction as most buying was seen from these baskets. The BSE Sensex closed flat at 17,824.48 while NSE Nifty closed higher by 16.7 points at 5,285.10. The BSE Mid Cap and Small Cap closed lower by 11.80 points and 5.73 points at 7,711.76 and 9,668.13 respectively.

In BSE Capital Goods index, the major Gainers are BEML (3.43%), BHEL (2.68%), Siemens (2.29%), Punj Lloyd (0.80%) and Praj Industries (0.50%).

In BSE Metal index, NALCO (7.01%), Hindalco Industries (4.03%), SAIL (3.88%), Sterlite Industries (3.93%), Sesa Goa (3.85%) closed in green.

In BSE Oil & Gas index, losers are Reliance (1.97%), HPCL (0.74%), RPL (0.27%) and Cairn India (0.44%).

From the Realty index, Mahindra Life (3.56%), Purvankara (3.05%), DLF (2.37%), Parsvnath (1.68%) and Unitech 1.56% closed lower.

Mid Session Market

The market is still trading lower as sustained selling pressure continued across the board mainly led by the Bank, Consumer Durables and IT stocks. However, the Metal stocks are still trading higher from the opening bell. The broader market is also trading lower and has under performed the benchmark index. The overall market breadth remains negative, as 1049 stocks are advancing while 1482 stocks are declining on BSE. The BSE Mid cap is lower by 4.36 points at 7,719.20 and the BSE small Cap slipped by 22.93 points to trade at 9,650.93.

At 12.31 pm, BSE Sensex was at 17,819.97 down by 6.02 points and Nifty was at 5,270.65 up by 2.25 points.

BSE Metal index improved by 75.02 points to trade at 16,717.03. The major gainers are Sesa Goa (4.26%), Hindalco Industries (3.22%), Sterlite Industries (2.14%), NALCO (3.01%) and Jindal Stainless (1.52%).

BSE Capital goods index dropped by 68.31 points to 16,438.36. The main losers are BEML (1.99%), ABB (1.80%), Punj Lloyd (0.98%) and L&T (0.44%).

BSE Oil & Gas index was trading 108.88 points lower at 11,151.04 as Reliance (1.46%), RPL (0.97%), Cairn India (0.27%) and RNRL (0.33%) are trading in red.

BSE Banks index slipped by 136.73 points to trade at 10,019.79. The top losers are Union Bank (3.82%), Bank of Baroda (3.49%), Kotak Bank (3.15%) and Indian Overseas (2.43%).

BSE Power index decreased by 23.54 points to trade at 3,710.23 as GVK Power (1.62%), Tata Power (1.18%), Suzlon Energy (0.95%) and NTPC (0.47%) are trading in red.

BSE Health Care index inclined by 20.51 points to trade at 3,880.53 as Sun Pharma (3.63%), Fortis Healthcare (2.02%), Glaxosmith (1.89%) and Cipla (1.89%) are trading in positive.Sun Pharmaceutical has received approval from the U.S. Food and Drug Administration for torsemide tablets in multiple strengths.

BSE IT index declined by 24.47 points to trade at 3,948.65 as HCL Technologies (1.80%), I-flex (1.47%), Infosys Technologies (0.79%) and Mphasis (0.85%) are trading in red.

Pre Session Market

The Indian Market is likely to have a negative opening as the Asian markets are trading weak. On Wednesday, the Indian market closed mixed on the back of heavy selling pressures towards the final trading hours that led the market to pare most of its initial gains. The domestic market opened with a bang tracking the favoring cues from the global markets and kept on marching forward at the initial stage. But the market was unable to sustain at the higher level and fell on the back of weak cues European markets that led to the profit booking across the sectoral indices. Also, the Union budget 2008-09, two days down the line led the investors to take calculated steps to book their positions. The Mid Cap and Small Cap also followed the benchmark indices to close with marginal gains. The BSE Sensex closed higher by 19.80 points at 17,825.99 and NSE Nifty closed marginally lower by 1.65 points at 5,268.40. We expect that the market may lose some grounds during the trading session.On Wednesday, the US market was closed mixed.

The Dow Jones Industrial Average (DJIA) closed marginally higher by 9.36 points at 12,694.28 along with NASDAQ trading up by 8.79 points at 2,353.78 while S&P 500 index closed lower by 1.27 points at 1,380.02.

Indian ADRs ended mixed. Satyam grew by (0.60%) while Infosys and Wpro fell by (0.97%) and (0.16%) respectively. HDFC bank rose by 2.76% while ICICI bank fell by (1.01%).

Today, the major stock markets in Asia are trading strong. Hang Seng is trading lower by 231.99 points at 24,251.85 along with Japan''s Nikkei trading down by 208.06 points at 13,823.24 and Singapore Strait Times is trading at 3,065.06 down by 29.39 points.

The FIIs on Wednesday stood as net buyer in equity. The gross equity purchased was Rs2,369.40 Crore while the gross equity sold stood at Rs2,284 Crore. Therefore, the net investment of equity reported was Rs85.40 Crore.

Today, Nifty has support at 5,163 and resistance at 5,313 and BSE Sensex has support at 17,372 and resistance at 17,996.

Post Session Market

Heavy selling pressures towards the end of the session led the Indian market to pare most of its initial gains. The domestic market opened with a bang tracking the favoring cues from the global markets and kept on marching forward at the initial stage. But the market was unable to sustain at the higher level and fell on the back of weak cues European markets that led to the profit booking across the sectoral indices. Also, the Union budget 2008-09, two days down the line led the investors to take calculated steps to book their positions. The Mid Cap and Small Cap also followed the benchmark indices to close with marginal gains. From the sectoral front, the capital goods scrips remained the centre of attraction as most buying was seen from these baskets. The BSE Sensex closed with marginal gains of 19.80 points at 17,825.99 while NSE Nifty closed lower by 1.65 points at 5,268.40. The BSE Mid Cap and Small Cap closed higher by 32.70 points and 25.37 points at 7,723.56 and 9,673.86 respectively.

BSE Capital Goods index closed higher by 382.31 points at 16,506.67. Major Gainers are Elecon Eng (7.23%), Crompton Greaves (4.73%), Siemens (4.01%), BHEL (3.78%) and L&T (3.20%).

BSE Metal index fell by 159 points to close at 16,642.01. Major losers are Gujarat NRE (8.50%), NALCO (3.71%), Sterlite Industries (2.91%), JSW Steel (2.74%).

BSE Oil & Gas index closed higher by 45.16 points at 11,259.92. Gainers are Aban offshore (5.05%), GAIL India (1.62%), ONGC (1.03%), Reliance (0.46%), Cairn India (0.40%)BR>
BSE Bankex index closed lower by 32.96 points at 10,156.52. Losers are SBI (1.76%), Bank of Baroda (1.53%), Allahabad Bank (0.89%), Canara Bank (0.98%), Bank of India (0.88%).

BSE IT index fell by 70.13 points to close at 4,062.67 as Satyam (2.81%), Infosys (2.69%), Patni Comp (2.62%), TCS (2.24%), HCL Tech (1.62%) closed lower.

BSE Realty index closed lower by 36.77 points at 9,979.72. Losers are Unitech (2.06%), Phoenix mill (1.59%), DLF (0.92%), Omaxe (0.87%) and Purvankara (0.40%).

Mid Session Market

The market continues to trade with significant gains from the opening bell. The strong buying iseen across the board mainly led the stocks like Capital Goods, Metal, Oil & Gas and Bank stocks. However, the IT stocks are facing some selling pressure. The broader market has also joined the rally and is trading strongly. The overall market breadth remains positive, as 1799 stocks are advancing while 781 stocks are declining and the 71 stocks remained unchanged on BSE. The BSE Mid cap is higher by 105.35 points at 7,796.21 and the BSE small Cap advanced by 120.32 points to trade at 9,768.81.

At 12.31 pm, BSE Sensex was at 18,033.05 up by 226.86 points and Nifty was at 5,334.65 up by 64.60 points.

BSE Capital goods index surged by 520.27 points to 16,644.93. The main gainers are Siemens (4.03%), L&T (3.80%), BHEL (3.67%) and ABB (3.17%).

BHEL has bagged a Rs1,075 crore order from Gujarat State Energy Generation for setting up a 350mw power plant in Gujarat.

BSE Metal index improved by 259.33 points to trade at 17,060.34. The major gainers are Tata Steel (2.10%), Hindalco Industries (2.02%), NALCO (1.72%), SAIL (0.81%) and Sterlite Industries (0.35%).

BSE Oil & Gas index was trading 160.60 points higher at 11,375.36 as Cairn India (2.22%), BPCL (1.75%), ONGC (1.46%) and RPL (1.20%) are trading in green.

BSE Banks index advanced by 137.50 points to trade at 10,326.98. The top gainers are ICICI Bank (1.88%), PNB (1.71%), HDFC Bank (0.69%) and SBI (0.47%).

BSE Power index increased by 101.47 points to trade at 3,808.27 as Suzlon Energy (1.91%), Reliance Energy (1.82%), Tata Power (1.40%) and NTPC (0.98%) are trading in green.

BSE Health Care index inclined by 62.17 points to trade at 3,875.78 as GSK (1.41%), Dr.Reddy (1.09%), Sun Pharma (0.79%) and Ranbaxy (0.71%) are trading in positive.BSE IT index declined by 30.94 points to trade at 4,031.73 as Infosys Technologies (1.62%), Satyam Computer (0.89%) and Wipro (0.67%) are trading in red.

Pre Session Market

The Indian Market is likely to have a positive opening as the cues from the global market are in favor. On Tuesday, the Indian market rallied through the trading session to close on an upbeat note. The market opened with heavy gains on the back of favoring cues from the global markets and kept on hovering in the positive territory through out the trading session. The market however pared some of its gains soon after the firm start but gained the momentum soon after the declaration of the Union Railway Budget. The Small Caps and Mid Caps also joined the rally of the benchmark indices as they also posted handsome gains. The BSE Sensex closed higher by 155.62 points at 17,806.19 and NSE Nifty closed up by 69.35 points at 5,270.05. We expect that the market may extend its yesterday''s gains during the trading session.

On Tuesday, the US market was closed in green. The Dow Jones Industrial Average (DJIA) closed higher by 114.70 points at 12,684.92. S&P 500 index closed up by 9.49 points at 1,381.29 and NASDAQ grew by 17.51 points to close at 2,344.99.

Indian ADRs ended in positive. Wipro, Infosys and Satyam grew by (1.99%), (0.66%) and (0.49%) respectively. ICICI bank rose by (1.28%). VSNL and MTNL increased by (6.24%) and (2.09%) respectively.

Today, the major stock markets in Asia are trading strong. Hang Seng is trading higher by 679.35 points at 24,394.10 along with Japan''s Nikkei trading up by 191.72 points to close at 14,016.44 and Taiwan Weighted trading at 8,426.76 up by 119.09 points. Singapore Strait Times is trading up by 48.17 points at 3,126.

The FIIs on Tuesday stood as net buyer in equity. The gross equity purchased was Rs3,063.50 Crore while the gross equity sold stood at Rs2,325 Crore. Therefore, the net investment of equity reported was Rs738.50 Crore.

Today, Nifty has support at 5,235 and resistance at 5,397 and BSE Sensex has support at 17,528 and resistance at 18,363.

Post session Market

The Indian market rallied through the trading session to close on an upbeat note. The market opened with heavy gains on the back of favoring cues from the global markets and kept on hovering in the positive territory through out the trading session. The market however pared some of its gains soon after the firm start but gained the momentum soon after the declaration of the Union Railway Budget. The Small Caps and Mid Caps also joined the rally of the benchmark indices as they also posted handsome gains. From the sectoral front, the Capital Goods, Realty and Metal stocks remained in the limelight as most buying was seen from these baskets. The BSE Sensex closed higher by 155.62 points at 17,806.19 and NSE Nifty closed up by 69.35 points at 5,270.05. The BSE Mid Cap and Small Cap closed higher by 96.45 points and 122.21 points at 7,690.86 and 9,648.49 respectively.

BSE Metal index grew by 270.85 points to close at 16,801.01. Major gainers are NALCO (7.37%), Jindal Stainless (7.19%), Gujarat NRE (4.21%), Sterlite Industries (23.89%) and SAIL (2.57%).

BSE Oil & Gas index closed higher by 157.38 points at 11,214.76. Gainers are BPCL (5.38%), Cairn India (5.85%), HPCL (4.75%), Indian Oil (4.17%), RPL (1.51%) and GAIL India (1.93%).

BSE Bankex index closed higher by 76.34 points at 10,189.48. Gainers are Bank of India (4.75%), HDFC Bank (2.27%), Union Bank (1.36%), Kotak Bank (1.31%), Centurion Bank of Punjab (1.04%).

BSE Power index closed up by 95.62 points at 3,706.80 as Suzlon Energy (6.26%), Reliance Energy (4.59%), BHEL (4.58%), GMR Infra (3.63%) and CESC (2.07%) closed in green.

BSE IT index grew by 70.13 points to close at 4,062.67 as Karut Net (5%), HCL Tech (4.52%), I-Flex (3.12%), Infosys (3.02%), Aptech (2.54%), NIIT Tech (1.70%) closed higher.

BSE Realty index closed higher by 247.18 points at 10,016.49. Gainers Indbul Real (11.06%), Omaxe (2.43%), Unitech (2.17%), Purvankara (1.65%), Parsvnath (1.30%).

Mid Session Market

The market continues to trade in the positive territory, as significant buying witnessed across the board mainly led by the stocks like Realty, Capital Goods, Metal and Bank stocks. The broader market has outperformed the benchmark index till day''s trading as strong buying witnessed in the Mid Cap and Small Cap stocks. The overall market breadth remains positive, as 1602 stocks are advancing while 923 stocks are declining on BSE. The BSE Mid cap is higher by 94.58 points at 7,688.99 and the BSE small Cap advanced by 102.56 points to trade at 9,628.84.

At 12.31 pm, BSE Sensex was at 17,731.92 up by 81.35 points and Nifty was at 5,233.45 up by 32.75 points.

BSE Capital goods index surged by 190.28 points to 15,990.55. The main gainers are BEML (3.63%), Praj Industries (2.24%), Punj Lloyd (1.35%) and BHEL (0.88%).

BSE Metal index improved by 152.05 points to trade at 16,682.21. The major gainers are Gujarat NRE (3.33%), Jindal Stainless (2.17%), Jindal Saw (1.77%), SAIL (1.44%).SAIL ihas inked shareholder''s agreement with Jaypee associates to form a joint venture company for manufacturing cement at Bokaro.

BSE Banks index advanced by 127.62 points to trade at 10,240.76. The top gainers are Bank of India (3.58%), HDFC Bank (1.94%), Oriental Bank (1.16%), Kotak Bank (0.78%).

BSE IT index inclined by 38.64 points to trade at 4,031.18 as HCL Technologies (3.33%), I-Flex (1.51%), Infosys Technologies (1.38%) and TCS (0.97%) are trading in green.

BSE Oil & Gas index was trading 85.29 points higher at 11,142.67 as Indian Oil (3.34%), Cairn India (3.30%), BPCL (2.39%) and ONGC (2.13%) are trading in green.Cairn India has got the approval from Empowered Committee of Secretaries (ECS) on Monday to lay $800mn pipeline for transporting oil from its Rajasthan fields and recovering the cost through sale of crude.

BSE Power index increased by 62.78 points to trade at 3,673.96 as Reliance Energy (3.39%), Suzlon Energy (3.10%), Power Grid (0.93%) and GVK Power (0.88%) are trading in green.

Pre Session Market

The Indian Market is likely to have a positive opening due to favoring cues from the global markets. On Monday, the market closed on firm note backed by heavy buying across the sectoral indices. The market opened with heavy gains but was unable to sustain at higher levels and fell immediately as the profit booking prevailed. Then after the mid session, the market got the momentum to came off from the day''s low and marched forward till the final closing of the session. Reliance Power remained in the lime light during the trading session. The BSE Sensex closed higher by 301.50 points at 17,650.57 and NSE Nifty closed up by 89.95 points at 5,200.70. We expect that the market may continue its yesterday''s rally during the trading session.

The railway budget is schedule today, which will be unveiled by the railway minister Lalu Prasad Yadav.

On Monday, the US market was closed in green. The Dow Jones Industrial Average (DJIA) closed higher by 189.20 points at 12,570.22. S&P 500 index closed up by 18.69 points at 1,371.80 and NASDAQ grew by 24.13 points to close at 2,327.48.

Indian ADRs ended in green. Satyam, Wipro and Infosys grew by (3.02%), (2.72%) and (1.52%) respectively. ICICI bank and HDFC bank also rose by (3.21%) and (2.39%) respectively.

Today, the major stock markets in Asia are trading firm. Hang Seng is trading higher by 398.17 points at 23,667.31 along with Japan''s Nikkei trading up by 68.94 points to close at 13,983.51 and Taiwan Weighted trading at 8,341.98 up by 55.67 points.

The FIIs on Monday stood as net seller in equity while net buyer in debt. The gross equity purchased was Rs2,409.30 Crore and the gross debt purchased was Rs6 Crore while the gross equity sold stood at Rs2,863.10 Crore and gross debt sold stood at Rs0.00 Crore. Therefore, the net investment of equity reported was (Rs453.80 Crore) and net debt was Rs6 Crore.

Today, Nifty has support at 5,011 and resistance at 5,298 and BSE Sensex has support at 17,312 and resistance at 18,068.

Post session

The market closed on a strong note on the back of heavy buying across the sectoral indices. Taking the favoring cues from the global markets, the domestic market opened with a bang but unable to sustain at higher levels and fell immediately as the profit booking prevailed. Then after the mid session, the market got the momentum to came off from the day''s low and marched forward till the final closing of the session. Reliance Power remained in the lime light during the trading session as the company''s board approved the proposal to issue bonus shares to all categories of shareholders excluding promoters in the ratio of 3 shares for every 5 shares held. From the sectoral front, the Oil & Gas, IT, Metal and Realty stocks remained in the lime light as most buying was seen from these baskets. The BSE Sensex closed higher by 301.50 points at 17,650.57 and NSE Nifty closed up by 89.95 points at 5,200.70. The BSE Mid Cap and Small Cap closed lower by 0.04 points and 69.13 points at 7,594.41 and 9,526.28 respectively.

BSE Bankex index closed lower by 37.08 points at 10,113.14. Losers are CentBOP (14.45%), HDFC bank (3.54%), Union bank (2.47%), BOI (1.66%), Canara bank (1.58%) and Axis bank (1.44%).

BSE Oil & Gas index closed higher by 384.38 points at 11,057.38. Gainers are Reliance Inds (5.02%), GAIL India (4.34%), RNRL (3.62%), Cairn India (2.74%), BPCL (1.87%) and IOCL (1.62%).

BSE Metal index grew by 161.22 points to close at 16,530.16. Major gainers are Gujrat NRE (5.17%), Nalco (3.98%), Hindalco (2.45%), Hind Zinc (2.36%), Sterlite Inds (2.27%) and Jindal Steel (1.59%).

BSE IT index grew by 74.26 points to close at 3,992.54 as Karut Net (4.99%), Educopm Soln (4.22%), Wipro (4.06%), HCL Tech (3.94%), Satyam (2.62%), Infosys (2.11%) and I-Flex (1.66%) closed higher.

BSE Realty index advanced by 108.17 points to close at 9,769.31. Scrips that gained are Unitech (3.34%), Omaxe (0.90%), Ansal Infra (0.88%) and DLF (0.64%).

Mid Session Market

The market continues to trade in the red zone after a fantastic positive start to the session. Most of the BSE indices are trading in red mainly led by Metal, Bank and Consumer Durables. However the IT and Oil & Gas stocks are trading in green. The broader market is also trading lower and has under performed the benchmark index as strong selling witnessed in the Mid Cap and Small Cap stocks. The overall market breadth remains negative, as 773 stocks are advancing while 1739 stocks are declining on BSE. The BSE Mid cap is lower by 68.58 points at 7,525.87 and the BSE small Cap slipped by 117.16 points to trade at 9,478.25.

At 12.31 pm, BSE Sensex was at 17,310.61 down by 38.46 points and Nifty was at 5,104 down by 6.75 points.

BSE IT index inclined by 47.83 points to trade at 3,966.11 as HCL Technologies (2.58%), Satyam Computer (1.83%), Infosys Technologies (1.77%) and Wipro (0.70%) are trading in green.

BSE Oil & Gas index was trading 56.21 points higher at 10,729.21 as Gail India (2.06%), ONGC (1.20%), Cairn India (0.97%) are trading in green.

BSE Health Care index inclined marginally by 2.67 points to trade at 3,747.68 as Aventis Pharma (2.18%), Pfizer (1.30%), Ranbaxy Laboratories (1.83%) and Glenmark Pharma (0.66%) are trading in positive.

BSE Capital goods index slipped by 46.21 points to 15,609.95. The main losers are Crompton Greaves (3.64%), Praj Industries (2.80%), BHEL (0.66%) and Havels India (0.27%).

BSE Banks index declined by 202.30 points to trade at 9,947.92. The top losers are HDFC Bank (3.32%), ICICI Bank (3%), SBI (0.33%).HDFC Bank''s board has approved a share swap ratio of one share for every 29 held in Centurion Bank of Punjab Ltd.

BSE Metal index dropped by 170.53 points to trade at 16,198.41. The major losers are Tata Steel (2.24%), SAIL (1.67%), Sterlite Industries (1.62%).

BSE Power index decreased by 16.62 points to trade at 3,555.74 as GVK Power (3.69%), Suzlon Energy (2.72%), Torent Power (1.28%) are trading in red.

Pre Session Market

The Indian Market is likely to have a positive opening as the cues from he global markets are in favor. On Friday, the market closed on a disappointing note with heavy losses across the sectoral indices. Taking the negative cues from the global markets, the domestic market opened with a heavy gap down and kept on hovering in the negative territory through out the trading session. Lack of investor''s interest in buying to book their positions led the frontline indices to close in the negative territory. Also, the weekly inflation figures that rose 4.35% for the week ended February 9, 2008 from 4.07% last week also add to the negative sentiments in the market. Also, the Union Budget 2008-09 due next week on Feb 29 led the investors to take calculative steps to book their positions. The BSE Sensex closed lower by 385.61 points at 17,349.09 and NSE Nifty closed down by 81.05 points at 5,110.75. We expect that the market may gain some grounds during the trading session.

Reliance Power''s board yesterday approved the proposal to issue bonus shares to all categories of shareholders excluding promoters in the ratio of 3 shares for every 5 shares held. This offer will reduce the cost of its share below the issue price to Rs269 per share for retail investors and Rs281 for other investors.

On Friday, the US market was closed in positive territory. The Dow Jones Industrial Average (DJIA) closed higher by 96.72 points at 12,381.02. S&P 500 index closed up by 10.58 points at 1,353.11 and NASDAQ grew by 3.57 points to close at 2,303.35.

Today, the major stock markets in Asia are trading strong. Japan''s Nikkei is trading higher by 279.89 points at 13,780.35 along with Hang Seng trading up by 100.32 points at 23,405.36 and Taiwan Weighted trading at 8.293.21 up by 184.50 points.

Today, Nifty has support at 5,096 and resistance at 5,311 and BSE Sensex has support at 17,392 and resistance at 18,139.

Post Session Market

The market closed on a disappointing note with heavy losses across the sectoral indices. Taking the negative cues from the global markets, the domestic market opened with a heavy gap down and kept on hovering in the negative territory through out the trading session. Lack of investor''s interest in buying to book their positions led the frontline indices to close in the negative territory. Also, the weekly inflation figures that rose 4.35% for the week ended February 9, 2008 from 4.07% last week also add to the negative sentiments in the market. Also, the Union Budget 2008-09 due next week on Feb 29 led the investors to take calculative steps to book their positions. This budget will be last full-fledged budget from the Congress led UPA government before general elections, which is scheduled to be held early next year. From the sectoral front, the bankex, Oil & Gas, CG and IT were the most hit as most selling was seen from heses counters. The BSE Sensex closed lower by 385.61 points at 17,349.09 and NSE Nifty closed down by 81.05 points at 5,110.75. The BSE Mid Cap and Small Cap closed lower by 74.48 points and 97.58 points at 7,594.45 and 9,595.41 respectively.

BSE Bankex index fell by 328.72 points to close at 10,150.22. Major losers are HDFC bank (4.40%), ICICI bank (3.89%), Oriental bank (3.34%), Axis bank (3.12%).

BSE Oil & Gas index dropped by 239.26 points to close at 10,673. Scrips that lost are Cairn Ind (3.08%), Gail India (3%), Reliance Inds (2.87%), RNRL (2.43%).

BSE Metal index slipped by 70.44 points to close at 16,368.94 as Gujrat NRE (3.87%), Welspun Guj (3.42%), Ispat Inds (2.14%), JSW Steel (2.38%), Maharash Sea (2.24%) closed lower.

BSE IT index closed lower by 123.69 points at 3,918.28 as HCL Tech (4.97%), Mphasis (4.94%), Rolta Ind (4.78%), Satyam (4.23%), Mosear Baer (3.23%) and TCS (2.28%) closed in red.

BSE CG dropped by 181.74 points to close at 15,656.16. Losers are BEML (4.15%), Crompton Greaves (3.51%), Thermax (3.38%), Areva (3.04%) and BHEL (1.59%).

Mid Session Market

The market continues to trade in the deep red zone as significant selling witnessed across the board. The Bank, Oil & Gas, Capital Goods and Realty stocks arte facing the most selling pressure today. The broader market is also trading lower. The BSE Mid cap is lower by 60.39 points at 7,608.54 and the BSE small Cap slipped by 73.28 points to trade at 9,619.71.

At 12.31 pm, BSE Sensex was at 17,456.08 down by 278.60 points and Nifty was at 5,130.15 down by 61.65 points.

BSE IT index declined by 101.64 points to trade at 3,940.33 as Satyam Computer (3.50%), TCS (2.40%), Wipro (2.31%) are trading in red.

BSE Oil & Gas index was trading 245.32 points lower at 10,666.94 as Gail India (3.73%), Cairn India (2.35%), RPL (1.23%) and ONGC (0.90%) are trading in red.

BSE Capital goods index slipped by 200.11 points to 15,637.79. The main losers are Praj Industries (1.94%), Punj Lloyd (1.72%), ABB (1.65%) and BHEL (1.48%).

BSE Banks index declined by 257.09 points to trade at 10,221.85. The top losers are ICICI Bank (2.63%), SBI (2.39%), HDFC Bank (2.34%) and PNB (1.03%).HDFC Bank will take over Centurion Bank of Punjab in an all-stock deal. The respective bank boards are likely to meet on Saturday to consider the merger proposal.

BSE Metal index dropped by 80.22 points to trade at 16,359.16. The major losers are Gujarat NRE (5.30%), Jindal Steel (1.73%), JSW Steel (1.02%).

BSE Health Care index declined by 4.19 points to trade at 3,730.92 as Aventis Pharma (1.48%), Sun Pharma (1.06%), Glenmark Pharma (1.28%) and Ranbaxy (0.38%) are trading in negative.Cipla is trading higher by (4.86%) as Avesta Biotherapeutics and Research (ABRPL), which is a 50:50 joint venture between Cipla group company Meditab Specialties and Avestha Gengraine Technologies, plans to invest more than Rs600 crore to create facilities at Bangalore and Hyderabad to manufacture biotech drugs.

Pre Session Market

The Indian Market is likely to have a negative opening due to unfavoring cues from the global markets. On Thursday, the market made a smart recovery towards the final trading hours of the session to close with handsome gains. The market opened on a strong note by taking the favoring cues from the global markets and rallied across the sectoral indices. Due to high volatility, the market dipped into the negative territory by paring all its initial gains but managed to made a good recovery at the end on the back of heavy buying across the counters. The Small Cap and Middle Cap also registered good gains as the investors also showed heir confidence in buying from these baskets. From the sectoral front, the IT stocks and Metal stocks remained the centre of attraction as most buying was seen from these counters. The BSE Sensex closed higher by 117.08 points at 17,734.68 and NSE Nifty closed up by 37.35 points at 5,191.80. We expect that the market may remain cautious during the trading session. The inflation figures which is due today, will give further directions to the market

On Thursday, the US market was closed in red. The Dow Jones Industrial Average (DJIA) closed lower by 142.96 points at 12,284.30. S&P 500 index fell by 17.50 points to close at 1,342.53 and NASDAQ decreased by 27.32 points to close at 2,299.78.

Indian ADRs closed mixed. In technology sector, Wipro and Infosys grew by 1.38% and 1.12% respectively while Satyam fell by 1.14%. In banking sector, HDFC bank and ICICI bank dropped by (3.17%) and (2.14%) respectively.

Today, the major stock markets in Asia are trading weak. Hang Seng is trading lower by 456.27 points at 23,166.73 along with Japan''s Nikkei trading down by 264.34 points at 13,423.94 and Taiwan weighted trading at 8,053.27 down by 32.66 points. Singapore Strait Times is trading down by 28.10 points at 3,026.71.

Today, Nifty has support at 5,067 and resistance at 5,245 and BSE Sensex has support at 17,163 and resistance at 17,926.

Post Session Market

The market made a smart recovery towards the final trading hours of the session to close with handsome gains. The market opened on a strong note by taking the favoring cues from the global markets and rallied across the sectoral indices. Due to high volatility, the market dipped into the negative territory by paring all its initial gains but managed to made a good recovery at the end on the back of heavy buying across the counters. The Small Cap and Middle Cap also registered good gains as the investors also showed heir confidence in buying from these baskets. From the sectoral front, the IT stocks and Metal stocks remained the centre of attraction as most buying was seen from these counters. The BSE Sensex closed higher by 117.08 points at 17,734.68 and NSE Nifty closed up by 37.35 points at 5,191.80. The BSE Mid Cap and Small Cap closed higher by 79.54 points and 61.73 points at 7,668.93 and 9,692.99 respectively.

BSE Metal index surged by 605.85 points to close at 16,439.38 as Gujarat NRE (7.72%), Hindalco Industries (7.22%), NALCO (6.73%), SAIL (5.63%), Tata Steel (4.33%), Jindal Saw (3.14%) and Jindal Steel (2.89%) closed higher.

BSE IT index closed higher by 184.14 points at 4,041.97 as Satyam Comp (8.45%), Rolta India (7.13%), NIIT Ltd (6.84%), Mphasis (5.59%), HCL Tech (5.98%), Infosys (3.96%) and Wipro (4.95%) closed in green.

BSE CG closed lower by 94.97 points at 15,837.90 as ABB (4.02%), BEML (3.61%), Bharat Electrical (3%), BHEL (1.51%), Crompton Greaves (1.25%) and Siemens (0.69%) closed lower.

BSE Bankex index closed lower by 130.87 points at 10,478.94. Losers are Bank of Baroda (5.19%), PNB (5.09%), Union Bank (4.58%), Canara Bank (4.41%).

BSE Realty index grew by 29.53 points to close at 9,738.77. Gainers are Penland (7.22%), Purvankara (6.52%), Anant Raj (3.10%), DLF (2.58%).

BSE Oil & Gas index grew by 28.26 points to close at 10,912.26 as Aban Offshore (3.35%), Cairn India (2.23%), RNRL (2.34%), Reliance Inds (0.78%) and RPL (0.46%) closed higher.

Mid Session Market

The market is now off the day''s high but is still trading higher as significant buying in scrips continued in the selective scrips. The heavy buying is seen in the Metal, IT and Consumer Durables stocks. However, the banking stocks are in pressure today. The broader market is also trading in line with the bench mark index. The overall market breadth remains positive, as 1562 stocks are advancing while 996 stocks are declining on BSE. The BSE Mid cap is higher by 87.63 points at 7,677.02 and the BSE small Cap advanced by 96.97 points to trade at 9,728.23.

At 12.31 pm, BSE Sensex was at 17,749.29 up by 131.69 points and Nifty was at 5,231.15 up by 76.70 points.

BSE IT index inclined by 135.05 points to trade at 3,992.88 as Satyam Computer (5.91%), HCL Technologies (4.10%), TCS (3.72%) and Infosys Technologies (3.31%) are trading in green.

BSE Metal index surged by 491.62 points to trade at 16,325.15. The major gainers are NALCO (4.75%), Hindalco Industries (4.52%), SAIL (4.48%) and Tata Steel (2.85%).

BSE Oil & Gas index was trading 125.11 points higher at 11,009.11 as ABN Off Shore (2.95%), Cairn India (1.91%), RPL (1.23%) and Gail India (0.96%) are trading in green.

BSE Power index increased by 18.69 points to trade at 3,643.08 as Suzlon Energy (1.62%), NTPC (1.44%), Torent Power (1.92%) and Tata Power (1.03%) are trading in green.

BSE Auto index increased by 58.28 points to trade at 4,816.92. Leading to its gain are Tata Motors (1.56%), Bajaj Auto (1.22%), Mahindra & Mahindra (0.99%) and Maruti Suzuki (0.70%).

BSE Capital goods index increased by 1.25 points to 15,934.12. The main gainers are Praj Industries (4.59%), Punj Lloyd (3.80%), Siemens (0.52%) and L&T (0.22%).

BSE Banks index declined by 30.79 points to trade at 10,579.02. The top losers are PNB (2.54%), Union Bank (2.51%), SBI (1.43%) and ICICI Bank (1.27%).

Pre Session Market

The Indian Market is likely to have a positive opening due to strong favoring cues from the global markets. On Wednesday, the market closed the trading session with heavy losses on the back of more selling pressures across the sectoral indices. The domestic market opened with heavy gap down by taking the negative cues from the Asian markets as well as due to rising crude oil price above $100 a barrel, which adds to the sentiments. Then after the market keeps on drifting down further till the closing of the session as the selling pressures prevailed. The Securities and Exchange Board of India has recommended that the face value of shares will be made Re.1 in two phases. In the first phase, all the forthcoming companies coming out with IPO to be priced at a face value of Re1 and in the second phase all the listed companies having the face value of more than Re1 will be asked to bring it down. This recommendation would be discussed at the next Sebi board meeting. The BSE Sensex closed lower by 458.06 points at 17,617.60 and NSE Nifty fell by 126.35 points at 5,154.45.We expect that the market may gain some during the trading session. On Wednesday, the US market was closed in green. The Dow Jones Industrial Average (DJIA) closed higher by 90.04 points at 12,427.26. S&P 500 index fell by 11.25 points to close at 1,360.03 and NASDAQ dropped by 20.90 points to close at 2,327.10.

Indian ADRs closed mixed. In technology sector, Wipro grew by (0.87%) along with Infosys by (0.49%) and Satyam (0.34%). In banking sector, HDFC bank grew by (1.20%) while ICICI bank fell by (0.77%). MTNL increased by (0.32%).

Today, the major stock markets in Asia are trading strong. Hang Seng is trading higher by 333.02 points at 23,923.60 along with Japan''s Nikkei trading up by 282.14 points at 13,592.51 and Taiwan weighted is trading at 8,031.18 up by 136.71 points.

Today, Nifty has support at 5,091 and resistance at 5,259 and BSE Sensex has support at 17,327 and resistance at 18,168.

Post Session Market

The market closed the trading session with heavy losses on the back of more selling pressures across the sectoral indices. The domestic market opened with heavy gap down by taking the negative cues from the Asian markets as well as due to rising crude oil price above $100 a barrel, which adds to the sentiments. Then after the market keeps on drifting down further till the closing of the session as the selling pressures prevailed. The Securities and Exchange Board of India has recommended that the face value of shares will be made Re1 in two phases. In the first phase, all the forthcoming companies coming out with IPO to be priced at a face value of Re1 and in the second phase all the listed companies having the face value of more than Re1 will be asked to bring it down. This recommendation would be discussed at the next Sebi board meeting. The BSE Sensex closed lower by 458.06 points at 17,617.60 and NSE Nifty fell by 126.35 points at 5,154.45. The BSE Mid Cap and Small Cap closed lower by 95.94 points and 164.28 points at 7,589.39 and 9,631.26 respectively.

BSE CG closed lower by 459.40 points at 15,932.87 as BHEL (4.54%), Praj Inds (3.95%), ABB (2.94%), Thermax (2.93%) and L&T (2.55%) closed lower.

BSE Metal index fell by 376.42 points to close at 15,833.53 as Nalco (5.97%), Tata Steel (4.92%), Ispat Inds (4.22%), Jindal Steel (3.82%), SAIL (2.65%) and Hindalco (1.61%) closed lower.

BSE Bankex index closed lower by 353.95 points at 10,609.81. Losers are Canara bank (6.27%), Kotak bank (5.01%), BOI (4.28%), ICICI bank (4.19%), Allahabad bank (3.91%).

BSE Realty index dropped by 361.50 points to close at 9,709.24. Major losers are Indbul Real (5.97%), Penland (4.74%), Ansal Infra (4.32%) and Purvankara (4%).

BSE Oil & Gas index fell by 246.88 points to close at 10,884. Losers are RNRL (5.28%), HPCL (4.86%), BPCL (4.64%), IOCL (3.93%), Reliance Inds (2.77%) and Cairn (2.53%).

Mid Session Market

The market is now trading in deep red as strong selling continued across the board. The heavy selling is seen I the Capital Goods, Bank, Metal and Realty stocks. However the IT stocks managed to trade higher from the opening bell. The broader market is also trading in negative as strong selling also witnessed in the Mid Cap and Small Cap stocks. The overall market breadth remains negative, as 636 stocks are advancing while 1919 stocks are declining on BSE. The BSE Mid cap is lower by 119.46 points at 7,565.87 and the BSE small Cap slipped by 159.58 points to trade at 9,635.96.

At 12.31 pm, BSE Sensex was at 17,627.27 down by 448.39 points and Nifty was at 5,140.60 down by 140.20 points.

BSE IT index inclined by 32.29 points to trade at 3,882.06 as Satyam Computer (1.18%), Wipro (0.73%), Infosys Technologies (0.71%) and TCS (0.69%) are trading in green.Infosys Technologies has signed an MOU with Nihon Unisys for strategic business deployment and joint development for sales and service offerings.

BSE Capital goods index decreased by 490.59 points to 15,901.68. The main losers are ABB (5.16%), BHEL (4.53%), L&T (3.21%) and Siemens (2.29%).

BSE Banks index declined by 309.84 points to trade at 10,653.92. The top losers are ICICI Bank (3.52%), SBI (2.65%), HDFC Bank (2.48%) and PNB (2.09%).

BSE Metal index dropped by 318.62 points to trade at 15,891.33. The major losers are NALCO (4.95%), SAIL (3.90%), Tata Steel (3.69%) and Hindalco Industries (0.56%).BSE Oil & Gas index was trading 253.56 points lower at 10,877.32 as BPCL (3.32%), RPL (2.99%), Cairn (2.80%) and Gail India (2.37%) are trading in red.

BSE Power index decreased by 99.14 points to trade at 3,611.16 as NTPC (3.90%), Suzlon Energy (3.15%), Reliance Energy (1.72%) and Tata Power (0.85%) are trading in red.

BSE Auto index decreased by 90.81 points to trade at 4,775.68. Leading to its fall are Tata Motors (4.73%), Maruti Suzuki (2.72%), Hero Honda (2.33%) and Mahindra & Mahindra (1.97%).

Pre Session Market

The Indian Market is likely to have a negative opening due to unfavoring cues from the global markets. On Tuesday, the market closed with marginal gains after a strong start to the session. Taking the strong cues from the Asian markets, the domestic market opened with a bang and created a rally across the sectoral indices scrips. The market tumbled after the mid session to pare all its initial gains as the profit booking across the sectoral indices prevailed and finally managed to close with little gains. The Small Cap and Mid Cap scrips seemed to attract the investor''s confidence as most buying was seen from these baskets. The BSE Sensex closed higher by 27.61 points at 18,075.66 and NSE Nifty closed up by 3.9 points at 5,280.80. We expect that the market may remain range bound during the trading session.

On Tuesday, the US market was closed in negative. The Dow Jones Industrial Average (DJIA) closed lower by 10.99 points at 12,337.22. S&P 500 index fell by 1.21 points to close at 1,348.78 and NASDAQ dropped by 15.60 points to close at 2,306.20.

Indian ADRs closed mixed. In technology sector, Satyam grew by (0.42%) while Wipro fell by (0.35%) along with Infosys by (0.29%). In banking sector, HDFC bank and ICICI bank fell by (1.31%) and (1.04%) respectively.

Today, the major stock markets in Asia are trading weak. Japan''s Nikkei is trading lower by 106.27 points at 13,651.64 along with Hang Seng trading down by 95.26 points at 24,027.91 and Taiwan Weighted trading at 8,000.74 down by 23.67 points.

The FIIs on Tuesday stood as net seller in equity while buyer in debt. The gross equity purchased was Rs1,766.90 Crore and the gross debt purchased was Rs106.90 Crore while the gross equity sold stood at Rs21,882.80 Crore and gross debt sold stood at Rs0.00 Crore. Therefore, the net investment of equity reported was (Rs115.90 Crore) and net debt was Rs106.90 Crore.

Today, Nifty has support at 5,198 and resistance at 5,336 and BSE Sensex has support at 17,753 and resistance at 18,369.

Post Session Market

The market closed with marginal gains after a strong start to the session. Taking the strong cues from the Asian markets, the domestic market opened with a bang and created a rally across the sectoral indices scrips. The market tumbled after the mid session to pare all its initial gains as the profit booking across the sectoral indices prevailed and finally managed to close with little gains. The Small Cap and Mid Cap scrips seemed to attract the investor''s confidence as most buying was seen from these baskets. The BSE Sensex closed higher by 27.61 points at 18,075.66 and NSE Nifty closed up by 3.9 points at 5,280.80. The BSE Mid Cap and Small Cap closed higher by 43.85 points and 40.19 points at 7,685.33 and 9,795.54 respectively.

The IPO of Rural Electrification Corporation (REC) was subscribed 1.63 times by the end of the day. The IPO received bids for 25.46 crore shares as compared to 15.61 crore shares on offer.

BSE Metal index closed down by 37.25 points at 16,209.95 as Hindalco Industries (2.44%), Ispat Industries (1.85%), Sterlite Industries (1.76%), Tata Steel (1.05%) closed in red.

BSE Bankex index closed higher by 18.91 points at 10,963.76. Gainers are ICICI Bank (0.80%), HDFC Bank (0.73%), Bank of India (0.54%), SBI (0.39%), PNB (0.35%) and Union Bank (0.25%).

BSE Realty index fell by 136.21 points to close at 10,070.74. Major losers are Purvankara (4.29%), Mahindra Life (2.30%), Omaxe Ltd. (2.03%), India Bull Real (2%).

BSE CG closed higher by 69.62 points at 16,392.27 as Havell India (3.88%), BEML (3.61%), AIA Eng (3.01%), Crompton Greaves (2.35%), L&T (1.26%), closed higher.

BSE Oil & Gas index fell by 42.03 points to close at 11,130.88. Losers are BPCL (3.25%), GAIL India (2.66%), Cairn India (2.42%), RNRL (1.99%), IOCL (0.75%) and ONGC (0.68%).

BSE Consumer Durables index closed higher by 134.08 points at 4,842.64. Gainers are Titan Inds (5.46%), Gitanjali (3.23%), Blue Star (2.71%), Lloyd Ele (2.20%) and Videocon Ind (1.62%).

Mid Session Market

The market is still trading strongly on the back of continued buying across the board. All the BSE indices are trading in green. The broader market is also trading in line with the benchmark index. The Metal, Capital Goods, Oil & Gas and Bank stocks are the top performers today. The overall market breadth remains positive, as 1921 stocks are advancing while 650 stocks are declining on BSE. The BSE Mid cap is higher by 151.35 points at 7,792.83 and the BSE small Cap advanced by 189.22 points to trade at 9,944.57.

At 12.31 pm, BSE Sensex was at 18,304.92 up by 256.87 points and Nifty was at 5,364.80 up by 87.90 points.

BSE Banks index inclined by 128.64 points to trade at 11,073.49. The top gainers are ICICI Bank (1.49%), PNB (1.13%), SBI (0.71%) and HDFC Bank (0.58%).

BSE Metal index surged by 282.81 points to trade at 16,530.01. The major gainers are NALCO (4.10%), SAIL (2.69%), Hindalco Industries (1.63%) and Sterlite Industries (0.90%).

BSE Capital goods index increased by 206.43 points to 16,529.08. The main gainers are BHEL (2.13%), Siemens (1.19%) and L&T (1.08%).Larsen and Tourbo has won a Rs1250 Crore turnkey project from ONGC. The project comprises of building three smart well platforms, subsea cables, and topside modifications for the Mumbai High South field.

BSE Power index increased by 53.51 points to trade at 3,806.38 as Suzlon Energy (3.10%), Tata Power (3.09%), NTPC (1.46%) and Reliance Energy (0.06%) are trading in green.

BSE Oil & Gas index was trading 238.89 points higher at 11,411.80 as BPCL (2.58%), RPL (2.40%), ONGC (2.35%) and Cairn India (0.91%) are trading in green.

BSE Auto index increased by 46.96 points to trade at 4,836.09. Leading to its gain are Tata Motors (1.64%), Maruti Suzuki (1.12%), Hero Honda (0.83%) and Mahindra & Mahindra (0.31%).

BSE IT index inclined by 64.10 points to trade at 3,893.34 as TCS (2.34%), HCL Technologies (1.81%), Wipro (1.45%) and Satyam (1.41%) are trading in green.

Pre Session Market

The Indian Market is likely to have a positive opening due to favoring cues from the Asian markets. On Monday, the market closed on a negative note as the profit booking across the counters prevailed. The market opened with hand some gains tracking the firm cues from the Asian markets but all of a sudden lost the momentum and fell to pare all its initial gains. The market from there on kept on hovering in the negative territory throughout the trading session. Reliance Power registered the highest turnover from the BSE as the company announced a bonus issue of shares. He company''s board will be meeting on February 24 to consider the ratio on issuing bonus shares. However, the Small Caps and Mid Caps remained in the limelight as most buying was seen from these baskets. From the sectoral front, the Realty index faced heavy selling pressures across the counters. The BSE Sensex closed lower by 67.20 points at 18,048.05 and NSE Nifty slipped by 26 points to close at 5,276.90. We expect that the market may gain some ground during the trading session.

On Monday, the US market was closed for the celebration of President''s day.

Today, the major stock markets in Asia are trading strong. Hang Seng is trading higher by 382.65 points at 24,141.90 along with Japan''s Nikkei trading up by 75.45 points at 13,710.85 and Taiwan Weighted trading at 7,978.28 up by 87.38 points.

The FIIs on Monday stood as net buyer both in equity as well as in debt. The gross equity purchased was Rs3,898 Crore and the gross debt purchased was Rs368.70 Crore while the gross equity sold stood at Rs2,750.50 Crore and gross debt sold stood at Rs0.30 Crore. Therefore, the net investment of equity reported was Rs1,147.50 Crore and net debt was Rs368.40 Crore.

Today, Nifty has support at 5,187 and resistance at 5,362 and BSE Sensex has support at 17,736 and resistance at 18,479.

Post Session Market

The market closed on a negative note as the profit booking across the counters prevailed. The market opened with hand some gains tracking the firm cues from the Asian markets but all of a sudden lost the momentum and fell to pare all its initial gains. The market From there on kept on hovering in the negative territory throughout the trading session. Reliance Power reported as the top turnover from the BSE as the company announced a bonus issue of shares. He company''s board will be meeting on February 24 to consider the ratio on issuing bonus shares. However, the Small Caps and Mid Caps remained in the limelight as most buying was seen from these baskets. From the sectoral front, the Realty index faced heavy selling pressures across the counters. The BSE Sensex closed lower by 67.20 points at 18,048.05 and NSE Nifty slipped by 26 points to close at 5,276.90. The BSE Mid Cap and Small Cap closed higher by 49.40 points and 134.22 points at 7,641.48 and 9,755.35 respectively.

BSE Metal index closed up by 80.04 points at 16,247.20 as Nalco (7.59%), Sesa Goa (5.87%), Ispat Inds (5.28%), Hindalco Inds (3.14%) closed in green.

BSE Bankex index closed higher by 60.43 points at 10,944.85. Gainers are BOB (3.86%), Axis bank (2.37%), Kotak bank (2.35%), IOB (2.08%), CentBOP (1.60%).

BSE Realty index fell by 290.32 points to close at 10,206.95. Major losers are Phoenix Mill (8.64%), Ansal Infra (7.63%), Mahindra Life (5.04%), Unitech (4%), Indiabull Real (3.09%).

BSE CG fell by 95.65 points to close at 16,322.65 as Alstom Projects (4.95%), BEML (3.28%), Suzlon Ener (2.65%), BHEL (2%), Thermax (1.66%) and L&T (0.80%) closed in red.

BSE Oil & Gas index fell by 96.18 points to close at 11,172.91. Losers are Essar Oil (2.17%), Reliance Inds (1.49%), ONGC (1.21%) and BPCL (0.53%).

BSE IT index decreased by 50.74 points to close at 3,829.24 as NIIT Techno (6.07%), Mosear Baer (4.49%), Karut Net (3.06%), Satyam (2.78%), TCS (2.24%) and Wipro (1.36%) closed lower.

Mid Session Market

The market after slipping from the day''s high is now trading lower. The broader market has outperformed the benchmark index from the opening trade as heavy buying witnessed in the Mid Cap and small Cap stocks. The Bank and Metal stocks are in heavy demand today whereas Realty and IT stocks are the top losers today. The overall market breadth remains positive, as 1762 stocks are advancing while 775 stocks are declining and the 47 stocks remained unchanged on BSE. The BSE Mid cap is higher by 63 points at 7,655 and the BSE small Cap advanced by 128 points to trade at 9,749.

At 12.31 pm, BSE Sensex was at 18,072 down by 43 points and Nifty was at 5,283.20 down by 19.70 points.

BSE Banks index inclined by 177.66 points to trade at 11,062.08. The top gainers are Kotak Bank (4.51%), Bank of Baroda (4.65%), AXIX Bank (3.13%) and Indian Overseas Bank (2.48%).

BSE Metal index advanced by 160.09 points to trade at 16,327.25. The major gainers are NALCO (5.79%), Tata Steel (1.47%) and SAIL (0.90%).

BSE Capital goods index increased by 31.28 points to 16,449.58. The main gainers are Praj Industries (1.79%), Siemens (3.84%), BEML (2.82%) and L&T (0.23%).

BSE Health Care index inclined by 17.15 points to trade at 3,708.99 as Aurobindo Pharma (3.05%), Fortis Health (2.50%), Glenmark Pharma (2.17%) are trading in positive.

BSE Power index increased by 12.30 points to trade at 3,781.14 as Torent Power (2.90%), Reliance Energy (2.04%), NTPC (0.88%) and Power Grid (0.05%) are trading in green.

BSE Oil & Gas index was trading 33.83 points lower at 11,235.26 as ONGC (1.67%), BPCL (0.83%), Reliance (0.81%) and HPCL (0.71%) are trading in red.

BSE Auto index decreased by 4.16 points to trade at 4,764.43. Leading to its fall are Tata Motors (2.74%), TVS Motor (2.38%), Hero Honda (1.78%) and Maruti Suzuki (0.46%).

BSE IT index declined by 29.09 points to trade at 3,850.89 as Wipro (1.52%), TCS (1.22%), Satyam (1.14%) and Patni Computers (0.14%) are trading in red.

Pre Session Market

The Indian Market is likely to have a positive opening due to favoring cues from the global markets. On Friday, the market closed on a firm note by posting good gains. The market opened on weak note but the market got the momentum towards the mid session to pare all its initial losses. The market also got the momentum as the India''s wholesale price index rose 4.07% in the 12 months to 2 February 2008, marginally lower than 4.11% last week. The BSE Sensex closed higher by 348.62 points at 18,115.25 and NSE Nifty grew by 100.9 points to close at 5,302.90. We expect that the market may trade higher during the trading session. From the stock specific, Reliance Power may gain investors confidence as the company is planning to come out with bonus issue of shares.

On Friday, the US market closed mixed. The Dow Jones Industrial Average (DJIA) closed lower by 28.77 points at 12,348.21. Nasdaq fell by 10.74 points to close at 2321.80 and S&P 500 index closed higher by 1.13 points to close at 1,349.99.

Indian ADRS ended mixed. In technology sector, Satyam grew by (2.75%) while Wipro fell by (2.12%) along with Infosys by (0.94%). In banking sector, ICICI bank and HDFC bank increased by (2.04%) and (0.60%) respectively.

The major stock markets in Asia are trading firm. Japan''s Nikkei is trading higher by 174.72 points at 13,797.28 along with Hang Seng is trading up by 152.01 points at 24,300.44 and Taiwan Weighted is trading at 7,924.54 up by 48.17 points.

The FIIs on Friday stood as net seller in equity while the net buyer in debt. The gross equity purchased was Rs2,572.30 Crore and the gross debt purchased was Rs4,513.50 Crore while the gross equity sold stood at Rs3,755.50 Crore and gross debt sold stood at Rs2,132.80 Crore. Therefore, the net investment of equity reported was (Rs1,183.10 Crore) and net debt was Rs2,380.70 Crore.

Today, Nifty has support at 5,226 and resistance at 5,407 and BSE Sensex has support at 17,912 and resistance at 18,513.

Post Session Market

The market closed on a strong note by posting good gains across the sectoral indices. The market opened on weak note taking the unfavoring cues from the global markets but the market got the momentum towards the mid session to pare all its initial losses to close with handsome gains. The market also got the momentum as the India''s wholesale price index rose 4.07% in the 12 months to 2 February 2008, marginally lower than the previous week''s rise of 4.11%. The Mid Cap and Small Cap also joined the rally of the benchmark indices to post strong gains. From the sectoral front, most buying was seen from the metal, realty, oil & gas and bankex space. The BSE Sensex closed higher by 348.62 points at 18,115.25 and NSE Nifty grew by 100.9 points to close at 5,302.90. The BSE Mid Cap and Small Cap closed up by 139.36 points and 213.37 points at 7,592.08 and 9,621.13 respectively.

BSE Realty index grew by 353.72 points to close at 10,497.27 as Unitech (6.72%), Ansal Infra (4.98%), Penland (4.03%), Mahindra Life (2.81%), Omaxe (2.42%) closed in green.

BSE Metal index surged 545.27 points to close at 16,167.16 as Hindalco Inds (9.01%), Tata Steel (5.12%), Hind Zinc (4.53%), Ispat (3.69%), Nalco (3.52%), SAIL (3.32%) and Sterlite (2.93%).

BSE CG grew by 136.13 points to close at 16,418.30. Gainers are SKF India (4.54%), ABB (2.82%), Punj Lloyd (3.07%), Kalpataru Power (2.20%), AIA Eng (2.41%) and BHEL (1.31%).

BSE Oil & Gas index advanced by 336.73 points to close at 11,269.09. Scrips that gained are Essar Oil (9.77%), IOCL (4.45%), GAIL India (4.15%), HPCL (3.75%), RNRL (3.71%).

BSE Bankex index closed higher by 270.33 points at 10,884.42. Gainers are SBI (4.21%), Yes bank (3.94%), Kotak bank (3.65%), BOB (3.29%), Axis bank (3.26%) and Canara bank (2.90%).

BSE Power index increased by 39.68 points to close at 3,768.84 as ABB (3.82%), GMR Infra (3.32%), Power Grid (2.91%), CESC (2.50%), Tata Power (1.48%) and Torrent Power (1.30%).

Mid Session Market

he market is off the day''s now and has moved into the positive territory as some buying emerged in the selective scrips mainly led by the stocks like FMCG and Health Care stocks. However, the Capital Goods, IT and Realty stocks are still under pressure from the opening trade. The overall market breadth remains positive, as 1348 stocks are advancing while 1172 stocks are declining on BSE. The BSE Mid cap is higher by 36.62 points at 7,489.34 and the BSE small Cap advanced by 70.83 points to trade at 9,478.59.

At 12.40 pm, BSE Sensex was at 17,772.28 up by 5.65 points and Nifty was at 5,202.70 up by 0.70 points.

BSE Health Care index inclined by 13.90 points to trade at 3,624.78 as Glenmark Pharma (2.58%), Ranbaxy (2.31%), Aventis Pharma (1.79%), Biocon (0.83%) and Cipla (0.92%) are trading in positive.Ranbaxy Laboratories has got the approval from FDA to abbreviated new drug application (ANDA) for generic Nexium capsules, the first approval of any generic version of the blockbuster drug.

BSE Capital goods index dropped by 198.41 points to 16,083.76. The main losers are L&T (1.63%), Praj Industries (1.63%), Bharat Electrical (1.96%) and ABB (0.66%).

BSE Metal index slipped by 57.95 points to trade at 15,563.94. The major losers are Maharashtra Seamless (2.16%), Jindal Steel (1.79%), SAIL (0.30%) and Bhusan Steel (0.59%).

BSE Oil & Gas index was trading 6.78 points lower at 10,925.58 as RPL (1.03%) and RNRL (0.11%) are trading in red whereas HPCL (6.96%), Essar Oil (6.07%) are trading in green.

BSE Banks index declined by 105.95 points to trade at 10,508.14. The top losers are Oriental Bank (2.37%), Federal Bank (1.90%), HDFC Bank (1.57%).

BSE Power index decreased by 26.29 points to trade at 3,702.87 as Reliance Energy (6.62%), NTPC (5.32%), Tata Power (5.27%) are trading in red.

BSE IT index declined by 69.42 points to trade at 3,774.08 as Satyam Computer (2.26%), Patni Computer (1.75%), Mphasis (0.21%) and Infosys Technologies (0.72%) are trading in red.

Pre Session Market

The Indian Market is likely to have a negative opening due to weak cues from the global markets. On Thursday, the market closed with handsome gains by creating a rally across the sectoral indices. The market opened on a firm note taking the strong favoring cues from the global markets i.e. an unexpected rise in US retail sales in Janurary 2008 that gave a boost to the domestic market. In the domestic front, the central government approved the proposal for a hike in retail fuel prices i.e. Rs 2 per litre for petrol while Re 1 for diesel. The BSE Sensex closed higher by 817.49 points at 17,766.63 and NSE Nifty grew by 272.55 points to close at 5,202. We expect that the market may lose grounds during the trading session.

On Thursday, the US market closed in red. The Dow Jones Industrial Average (DJIA) closed lower by 175.26 points at 12,376.98. S&P 500 index fell by 18.35 points to close at 1,348.86 and NASDAQ dropped by 41.39 points to close at 2,332.54

Indian ADRS ended in negative. In technology sector, Satyam fell by (4.57%) along with Infosys by (1.28%%) while Wipro grew by (1.20%). In banking sector, HDFC bank dropped by 0.56% while ICICI bank jumped by (0.87%). Sterlite Inds increased by (1.35%).

The major stock markets in Asia are trading strong. Hang Seng is trading higher by 706.66 points at 23,876.21 along with Japan''s Nikkei trading up by 364.74 points at 13,433.04 and Taiwan Weighted is trading at 7,772.07 up by 221.52 points.

The FIIs on Thursday stood as net buyer both in equity and debt. The gross equity purchased was Rs3,969.90 Crore and the gross debt purchased was Rs322.30 Crore while the gross equity sold stood at Rs3,620.90 Crore and gross debt sold stood at Rs0.00 Crore. Therefore, the net investment of equity reported was Rs349 Crore and net debt was Rs322.30 Crore.

Today, Nifty has support at 5,117 and resistance at 5,309 and BSE Sensex has support at 17,019 and resistance at 18,056.

Post Session Market

The market closed with handsome gains by creating a rally across the sectoral indices. The market opened on a firm note taking the strong favoring cues from the global markets i.e. an unexpected rise in US retail sales in Janurary 2008 that gave a boost to the domestic market. In the domestic front, the central government approved the proposal for a hike in retail fuel prices i.e. Rs 2 per litre for petrol while Re 1 for diesel. The Small Cap and Mid Cap also joined the rally with the benchmark indices to post strong gains. From the sectoral front, CG, Oil & Gas and Metal remained the centre of attraction as most buying was seen from these counters. The BSE Sensex closed higher by 817.49 points at 17,766.63 and NSE Nifty grew by 272.55 points to close at 5,202. The BSE Mid Cap and Small Cap closed up by 377.19 points and 358.06 points at 7,452.72 and 9,407.76 respectively.

BSE CG grew by 1,140.36 points to close at 16,282.17. Gainers are Praj Inds (14.42%), BHEL (12.63%), Punj Lloyd (10.52%), Suzlon Ener (7.83%), L&T (7.03%), Seimens (5.90%).

BSE Metal index surged 847.58 points to close at 15,621.89 as Jindal Stainless (10.72%), Jindal Steel (10.21%), Hindalco Inds (9.20%), Bhushan Steel (9.11%) closed higher.

BSE Oil & Gas index advanced by 755.38 points to close at 10,932.36. Scrips that gained are Essar Oil (16.21%), HPCL (14.81%), IOCL (13.83%), RPL (13.56%) and BPCL (10.86%).

BSE Realty index grew by 714.66 points to close at 10,143.55 as Ansal Infra (15.73%), Phoenix mill (11.22%), Unitech (10.28%), Indbul Real (8.86%), Omaxe (8.01%) closed in green.

BSE Bankex index closed higher by 471.02 points at 10,614.09. Gainers are IOB (7.67%), Union bank (6.81%), Yes bank (6.29%), Allahabad bank (5.96%), ICICI bank (5.74%).

BSE Power index increased by 280.58 points at 3,729.16 as GMR Infra (12.41%), Reliance Ener (9.63%), Crompton Greaves (9.79%), Torrent Power (7.33%).

Mid Session Market

The market is still trading higher with significant gain as strong buying continued across the board. The heavy buying witnessed in the Capital Goods, Metal, Realty and Oil & Gas stocks. The strong buying is also seen in the Mid Cap and Small Cap stocks. The overall market breadth remains extremely positive, as 1774 stocks are advancing while 815 stocks are declining and the 41 stocks remained unchanged on BSE. The BSE Mid cap is higher by 274.88 points at 7,350.41 and the BSE small Cap advanced by 264.33 points to trade at 9,314.03.

At 12.40 pm, BSE Sensex was at 17,628.14 up by 679 points and Nifty was at 5,139.05 up by 209.60 points.

BSE Capital goods index grew by 785.06 points to 15,926.87. The main gainers are BHEL (9.01%), L&T (5.40%), Siemens (3.67%) and ABB (2.41%).

BSE Metal index surged by 654.52 points to trade at 15,428.83. The major gainers are Hindalco Industries (7.33%), NALCO (5.18%), SAIL (5.03%) and Sterlite Industries (4.22%).

BSE Oil & Gas index was trading 512.75 points higher at 10,689.73 as RPL (7.64%), ONGC (5.40%), BPCL (4.77%) and Cairn India (4.39%) are trading in green.

BSE Banks index inclined by 405.02 points to trade at 10,548.09. The top gainers are ICICI Bank (5.99%), HDFC Bank (5.65%), PNB (3.16%) and SBI (2.74%).

BSE Power index advanced by 182.86 points to trade at 3,631.44 as Reliance Energy (6.62%), NTPC (5.32%), Tata Power (5.27%) and Suzlon Energy (4.15%) are trading in green.BSE Auto index increased by 116.72 points to trade at 4,671.79. Leading to its gain are Bajaj Auto (2.97%), Tata Motors (2.94%), Mahindra & Mahindra (2.94%) and Hero Honda (0.41%).

BSE Health Care index inclined by 88.77 points to trade at 3,581.46 as Dr. Reddy (3.33%), Cipla (2.23%), Ranbaxy (1.89%), Sun Pharma (0.82%) and GSK (0.77%) are trading in positive.

BSE IT index inclined by 60.76 points to trade at 3,868.65 as HCL Technologies (2.77%), Wipro (2.44%), TCS (2.07%) and Satyam (1.62%) are trading in green.

Pre Session Market

The Indian Market is likely to have a positive opening due to strong cues from the global markets. On Tuesday, the Indian market closed on an upbeat note backed by heavy buying across the sectoral indices scrips. The market opened with a bang taking the favoring cues from the global markets. The market pared some of its early gains towards the mid session but again gained the momentum towards the final trading hours of the session. The Small Caps remained out of favor as they reported most selling across the counters. The large Caps breached the five-day losing trend to close with hand some gains. The BSE Sensex closed higher by 341.13 points at 16,949.14 and NSE Nifty grew by 91.2 points to close at 4,929.45. We expect that the market may trade higher during the trading session.

On Wednesday, the US market closed in green. The Dow Jones Industrial Average (DJIA) closed higher by 178.83 points at 12,552.24. S&P 500 index grew by 18.35 points to close at 1,367.21 and NASDAQ closed up by 53.89 points at 2,373.93.

Indian ADRS ended in positive. In technology sector, Satyam grew by (1.48%) along with Infosys by (0.53%). In banking sector, HDFC bank and ICICI bank increased by (4.39%) and (2.38%) respectively. MTNL rose by (1.91%).

The major stock markets in Asia are trading strong. Hang Seng is trading higher by 706.66 points at 23,876.21 along with Japan''s Nikkei trading up by 364.74 points at 13,433.04 and Taiwan Weighted is trading at 7,772.07 up by 221.52 points.

The FIIs on Wednesday stood as net seller in equity while buyer in debt. The gross equity purchased was Rs3,440.20 Crore and the gross debt purchased was Rs103.60 Crore while the gross equity sold stood at Rs3,555.30 Crore and gross debt sold stood at Rs0.00 Crore. Therefore, the net investment of equity reported was (Rs115.10 Crore) and net debt was Rs103.60 Crore.

Today, Nifty has support at 4,836 and resistance at 5,054 and BSE Sensex has support at 16,657 and resistance at 17,482

Post Session Market

The Indian market closed on an upbeat note backed by heavy buying across the sectoral indices scrips. The market opened with a bang taking the favoring cues from the global markets. The market pared some of its early gains towards the mid session but again gained the momentum towards the final trading hours of the session. The Small Caps remained out of favor as they reported most selling across the counters. The large Caps breached the five-day losing trend to close with hand some gains. From te sectoral front, Metal, Realty, Oil & Gas and Bankex remained the centre of attraction as most buying was seen from these baskets. The BSE Sensex closed higher by 341.13 points at 16,949.14 and NSE Nifty grew by 91.2 points to close at 4,929.45. The BSE Mid Cap closed up by 17.15 points at 7,075.53 while BSE Small Cap indices closed lower by 123.98 points at 9,049.70.

BSE Metal index surged 501.26 points to close at 14,774.31 as Tata Steel 6.72%, SAIL 5.95%, Jindal Steel 5.28%, Gujarat NRE 4.49%, Sterlite Inds 4.46% and Bhushan Steel 4.35% closed higher.

BSE Realty index grew by 386.05 points to close at 9,428.89 as Unitech (14.52%), HDIL (5.57%), Ansal Infra (4.45%), Purvankara (3.14%), Anant Raj (3.01%), Penland (2.02%) closed in green.

BSE Bankex index closed higher by 275.71 points at 10,143.07. Gainers are BOB 6.59%, BOI 5.70%, HDFC bank 4.87%, Cent BOP 3.99%, ICICI bank 3.34%, Kotak bank 3.03%, SBI 2.89%.

BSE CG grew by 268.60 points to close at 15,141.81. Gainers are Thermax Ltd (10.17%), Kirloskar BR (8.30%), BHEL (5.52%), Suzlon Energy (4.62%0, Alstom Projects (3.63%), AIA Engineering (3.44%).

BSE Oil & Gas index advanced by 250.66 points to close at 10,176.98. Scrips that gained are Essar Oil (12.63%), Aban Offshore (3.18%), Cairn India (2.73%), Reliance Inds (2.70%) and Gail India (2.02%).

BSE IT index closed up by 17.91 points at 3,807.89 as Rolta India (5.93%), Satyam Comp (2.82%), HCL Tech (0.88%), TCS (0.48%), Infosys (0.24%), Tech Mahindra (0.24%).

Mid Session Market

The market is now off the day''s high. The heavy selling witnessed in the Mid Cap and Small Cap stocks. The significant selling witnessed in the IT and Consumer Durables stocks. Whereas Oil & gas, Metal and Realty stocks are in demand from the opening trade. The overall market breadth remains extremely negative, as 879 stocks are advancing while 1,685 stocks are declining on BSE. The BSE Mid cap is higher by 12.75 points at 7,071.13 while the BSE small Cap dropped by 104.23 points to trade at 9,069.45.

At 12.40 pm, BSE Sensex was at 16,874.54 up by 266.53 points and Nifty was at 4,900.60 up by 62.35 points.

BSE Oil & Gas index was trading 354.54 points higher at 10,280.86 as Gail India (1.79%), ONGC (1.17%), Cairn India (0.99%) and BPCL (0.96%) are trading in green.BSE Metal index surged by 347.72 points to trade at 14,620.77. The major gainers are Tata Steel (4.51%), SAIL (3.21%), Sterlite Industries (1.42%) and Hindalco Industries (1.32%).

BSE Banks index inclined by 263.20 points to trade at 10,130.56. The top gainers are HDFC Bank (3.76%), ICICI Bank (2.44%), PNB (2.01%).

BSE Capital goods index grew by 268 points to 15,141.21. The main gainers are BHEL (3.35%), Praj Industries (2.85%), L&T (1.13%) and Punj Lloyd (0.49%).BHEL has bagged Rs3390 crore order from Uttar Pradesh Vidyut Utpadan Nigam Ltd for setting up of two units of 500 mw each at Anpara thermal power station in UP.

BSE Power index advanced by 77.98 points to trade at 3,444.93 as Suzlon Energy (3.44%), Tata Power (2.91%), Reliance Energy (2.10%) and NTPC (1.59%) are trading in green.

BSE Auto index increased by 39.33 points to trade at 4,547.92. Leading to its gain are MRF (2.41%), Tata Motors (2.16%), Hero Honda (1.36%).

BSE IT index fell by 11.23 points to trade at 3,778.75 as Mphasis (3.72%), NIIT (3.54%), Wipro (2.45%) and TCS (0.87%) are trading in red.

Pre Session Market

The Indian Market is likely to have a positive opening due to favoring cues from the global markets. On Tuesday, the Indian market tumbled in the final trading hours of the session to close in the negative territory. Taking the favoring cues from the global markets, the Indian market opened on a firm note but unable to sustain at higher levels and pare all its gains. The favoring cues from the domestic scenario like India''s industrial output rose 7.6% in December 2007 from a year earlier also fell to hold the gains of the market. The Small Caps and Mid Caps were the most hit as they face heavy selling pressures across the counters. The BSE Sensex closed lower by 22.90 points at 16,608.01 and NSE Nifty fell by 18.75 points to close at 4,838.25. We expect that the market may gain some grounds during the trading session.

On Tuesday, the US market closed in green. The Dow Jones Industrial Average (DJIA) closed higher by 133.40 points at 12,373.41. S&P 500 index grew by 9.73 points to close at 1,348.86 and NASDAQ closed flat at 2,320.04.

Indian ADRS ended mixed. In technology sector, Satyam grew by (2.61%) along with Infosys by (1.45%) and Wipro by (0.86%). In banking sector, HDFC bank jumped by (3.78%). VSNL fell by (3.99%).

Today, the major stock markets in Asia are trading firm. Hang Seng is trading higher by 350.18 points to trade at 23,271.85 along with Japan''s Nikkei trading up by 180.74 points at 13,202.70 and Taiwan Weighted is trading at 7,609.68 up by 56.38 points.

The FIIs on Tuesday stood as net seller both in equity and debt. The gross equity purchased was Rs8,169.90 Crore and the gross debt purchased was Rs0.00 Crore while the gross equity sold stood at Rs10,015.40 Crore and gross debt sold stood at Rs20 Crore. Therefore, the net investment of equity reported was (Rs1,845.60 Crore) and net debt was (Rs20 Crore).

Today, Nifty has support at 4,743 and resistance at 4,973 and BSE Sensex has support at 16,312 and resistance at 17,128.

Post Session Market

The Indian market tumbled in the final trading hours of the session to close in the negative territory. Taking the favoring cues from the global markets, the Indian market opened on a firm note but unable to sustain at higher levels and pare all its gains. The volatility gripped the market throughout the trading session. The favoring cues from the domestic scenario like India''s industrial output rose 7.6% in December 2007 from a year earlier, accelerating from the previous month''s downwardly revised 5.1% also failed to hold the gains of the market. From the sectoral front, the bankex stocks remained in the limelight as most buying is seen from these baskets. The Small Caps and Mid Caps were the most hit as they face heavy selling pressures across the counters. The BSE Sensex closed lower by 22.90 points at 16,608.01 and NSE Nifty fell by 18.75 points to close at 4,838.25. The BSE Mid Cap and Small Cap indices closed lower by 161.45 points and 266.42 points at 7,058.38 and 9,173.68 respectively.

BSE Bankex index closed higher by 122.48 points at 9,867.36. Gainers are Axis bank (6.65%), ICICI bank (2.71%), Kotak bank (2.46%), Andhra bank (2.32%), IOB (1.52%).

BSE Metal index closed marginally lower by 1.20 points at 14,273.05 as Welspun Guj (6.38%), Sesa Goa (5.82%) and JSW Steel (3.01%) closed higher while Jindal Saw (4.09%) and Jindal Stainless (3.46%) closed lower.

BSE Realty index dropped by 125.49 points to close at 9,042.84. Losers are Penland (7.93%), Ansal Infra (7.41%), Sobha Dev (3.54%), Indbul Real (3.40%), HDIL (1.75%).

BSE CG plunged by 160.86 points to close at 14,873.21. Scrips that fell are BEML (4.91%), Kalpataru Power (4.36%), Lakshmi Machines (4.12%), Punj Lloyd (3.96%).

BSE Oil & Gas index inched up by 40.52 points to close at 9,926.32. Scrips that gained are Cairn India (5.26%), HPCL (2.20%), Reliance Inds (2.17%) and Gail India (1.09%).

BSE IT index closed lower by 58.18 points at 3,789.98 as NIIT (7.51%), Patni Comp (5.84%), Karut Net (5%) closed lower

Mid Session Market

The market is now off the day''s high as volatility strikes in the broader market. The heavy selling witnessed in the Mid Cap and Small Cap stocks. The Realty and Consumer Durables stocks are in pressure from the opening bell whereas the Oil & Gas, Metal and Bank stocks are the top performer of the day. The overall market breadth remains extremely negative, as 235 stocks are advancing while 2,294 stocks are declining on BSE. The BSE Mid cap is lower by 194.40 points at 7,025.43 and the BSE small Cap dropped by 303.58 points to trade at 9,136.52.

At 12.40 pm, BSE Sensex was at 16,643.32 up by 12.41 points and Nifty was at 4,855.40 down by 1.60 points.

BSE Metal index surged by 279.10 points to trade at 14,553.35. The major gainers are Sterlite Industries (4.56%), SAIL (3.24%), Hindalco Industries (1.32%) and Tata Steel (1.24%).

BSE Oil & Gas index was trading 129 points higher at 10,014.80 as Cairn India (3.71%), Reliance (2.42%), ONGC (1.01%) and Gail India (0.53%) are trading in green.

BSE Banks index inclined by 121.44 points to trade at 9,866.32. The top gainers are PNB (2.68%), AXIX Bank (2.58%), Bank of Baroda (2%) and ICICI Bank (1.86%).SBI has cut its prime-lending rate by 0.25 percentage point to 12.50%. This will result in lower interest rates on all loans offered by it, including housing and consumer loans.

BSE Capital goods index grew by 35.57 points to 15,069.64. The main gainers are ABB (1.45%), BHELL (1.44%), Elcon Engineering (1.03%) and SKF India (0.14%).

BSE IT index fell by 45.13 points to trade at 3,803.03 as TCS (3.75%), Satyam (2.59%), HCL Technologies (0.78%) and Infosys Technologies (0.71%) are trading in red.

BSE Auto index decreased by 2.67 points to trade at 4,578.03. Leading to its fall are TVS Motors (2.67%), Ashok Leyland (1.44%), Her Honda (0.74%) and Maruti Suzuki (0.25%).

Pre Session Market

The Indian Market is likely to have a positive opening as the cues from the global markets are in favor. On Monday, the market tumbled and faced a blood bath during the trading session on the back of miserable debut of Reliance Power in the capital market. The investors booked the profits on these scrips to clear up their positions. The market opened on a weak note tracking the unfavoring cues from the Asian markets and trade on the back foot throughout the trading session. The negative sentiments on the poor performance of the Reliance Power IPO weighed across all the sectoral indices that led to the heavy selling across the counters. The State Bank of India which slashed its Prime Lending Rate by 25 basis point to 12.50% from 12.75% also failed to give a boost to the market. The Mid Caps and Small Caps also joined the rally of the benchmark indices as they faced heavy selling pressures. The BSE Sensex closed lower by 833.98 points at 16,630.91 and NSE Nifty fell by 263.35 points to close at 4,857. We expect that the market may gain some grounds during the trading session.

On Monday, the US market closed in green. The Dow Jones Industrial Average (DJIA) closed higher by 57.88 points at 12,240.01. S&P 500 index grew by 7.84 points to close at 1,339.13 and NASDAQ fell by 15.21 points to close at 2,320.06.

Indian ADRS ended mixed. In technology sector, Satyam grew by (5.30%) along with Infosys by (4.41%) and Wipro by (2.79%). In banking sector, ICICI bank and HDFC bank fell by (2.50%) and (1.69%) respectively. VSNL fell by (3.52%).

Today, the major stock markets in Asia are trading firm. Hang Seng is trading higher by 491.24 points to trade at 23,107.35 along with Japan''s Nikkei trading up by 15.01 points at 13,032.25 and Singapore Strait Times trading at 2,903.61 up by 35.32 points.

Today, Nifty has support at 4,712 and resistance at 4,976 and BSE Sensex has support at 16,126 and resistance at 17,119.

Post Session Market

The market tumbled and faced a blood bath during the trading session on the back of miserable debut of Reliance Power in the capital market. The market opened on a weak note tracking the unfavoring cues from the Asian markets and trade on the back foot throughout the trading session. The negative sentiments on the poor performance of the Reliance Power IPO weighed across all the sectoral indices that led to the heavy selling across the counters. The State Bank of India which slashed its Prime Lending Rate by 25 basis point to 12.50% from 12.75% also fell to give a boost to the market. Except IT index all the sectoral indices clsoed in red. The Mid Caps and Small Caps also joined the rally of the benchmark indices as they faced heavy selling pressures. The BSE Sensex closed lower by 833.98 points at 16,630.91 and NSE Nifty fell by 263.35 points to close at 4,857. The BSE Mid Cap and Small Cap indices closed lower by 413.44 points and 480.25 points at 7,219.83 and 9,440.10 respectively. BSE IT index closed higher by 4.82 points at 3,848.16 as Satyam Comp (3.38%), Infosys (0.48%), TCS (0.36%) and Wipro (0.25%) closed in green..BSE Metal index declined by 840.59 points to close at 14,274.25. Losers are Jindal Steel (12.32%), Maharash Sea (11.55%), Welspun Guj (10.75%), Ispat Inds (10.63%).BSE Realty index dropped by 615.52 points to close at 9,168.33. Losers are HDIL (13.75%), Ansal Infra (13.48%), Phoenix mill (10.55%), Purvankara (10.41%).BSE CG plunged by 825.04 points to close at 15,034.07. Scrips that fell are Kirloskar BR 10.41%, Lakshmi Mac 9.26%, Jyoti Struc 8.95%, Praj Inds 7.89%, L&T 6.12% and Bhel 5.76%.BSE Bankex index closed lower by 414.54 points at 9,744.88. Scrips that fell are Kotak bank (7.02%) and CentBOP (7.02%), SBI (6.67%), Andhra bank (6.24%), BOB (5.49%), Axis bank (5.38%).BSE Oil & Gas index slipped by 752.64 points to close at 9,885.80. Scrips that dropped are RNRL (16.36%), Essar Oil (15.94%), GAIL India (8.90%), HPCL (7.93%), IOCL (7.29%).

Mid Session Market

The market has lost further grounds and is trading in deep negative territory as strong selling pressure continued across the board. All the BSE indices are trading in red with an exception of IT stocks that is facing some buying momentum. The heavy selling in the Metal, Capital Goods, Oil & Gas and Realty stocks. The Mid Cap and the Small Cap stocks are also trading with a deep cut. The overall market breadth remains extremely negative, as 235 stocks are advancing while 2,294 stocks are declining on BSE. At 12.40 pm, BSE Sensex was at 16,778.41 down by 686.48 points and Nifty was at 4,902 down by 218.35 points.The BSE Mid cap is lower by 359.13 points at 7,274.14 and the BSE small Cap dropped by 448.13 points to trade at 9,472.22.

BSE IT index surged by 51.73 points to trade at 3,895.07 as Satyam Computers (3.66%), TCS (2.45%), Infosys (2.13%) are trading in green.

BSE Metal index slipped by 558.91 points to trade at 14,555.93. The major losers are SAIL (7.46%), NALCO (6.32%), Sterlite Industries (5.97%) and Tata Steel (3.86%).

BSE Oil & Gas index was trading 552.07 points lower at 10,086.37 as GAIL India (8.24%), RPL (6.13%), ONGC (5.82%) and Cairn India (5.67%) are trading in red.

BSE Capital goods index dropped by 540.80 points to 15,318.31. The main losers are L&T (6.38%), ABB (4.83%), Siemens (4.23%) and BHEL (1.14%).

BSE Banks index declined by 398.19 points to trade at 9,761.23. The top losers are SBI (6.52%), ICICI Bank (6.15%), HDFC Bank (4.51%), PNB (3.15%).

BSE Power index fell by 183.43 points to trade at 3,552.88 as Reliance Energy (11.96%), Tata Power (8.55%), NTPC (5.42%) and Suzlon Energy (2.90%) are trading in red.

BSE Health Care index declined by 78.56 points to trade at 3,555.05 as Ranbaxy Lab. (3.14%), Cipla (1.03%), Dr. Reddy (0.97%), GSK Pharma (0.76%) are trading in negative.

BSE Auto index decreased by 67.77 points to trade at 4,673.72. Leading to its fall are Mahindra & Mahindra (4.95%), Bajaj Auto (3.02%), Tata Motors (1.83%).

Pre Session Market

The Indian Market is likely to have a positive opening as the US market closed mixed. On Friday, the market closed in the negative territory on the back of selling pressures across the counters. The market opened with marginal gains but unable to sustain at the higher levels. The Annual inflation that rose 4.11% in the week ended 26 January 2008 from 3.93% in the week ended 19 January 2008 also add to the negative sentiment to the market. From the sectoral point, IT scrips remained in the limelight as they reported most buying from the counters. The Mid Caps and Small Caps underperformed the benchmark indices as they faced heavy selling pressures. The BSE Sensex closed lower by 62.04 points at 17,464.89 and NSE Nifty fell by 12.9 points to close at 5,120.35. We expect that the market may remain volatile during the trading session and the listing Reliance Power IPO today will give a further direction to the market.

On Friday, the US market closed in mixed. The Dow Jones Industrial Average (DJIA) closed lower by 64.87 points at 12,182.13. S&P 500 index fell by 5.62 points to close at 1,331.29 and NASDAQ closed up by 11.82 points at 2,304.85.

Indian ADRS ended mixed. In technology sector, Satyam grew by (5.30%) along with Infosys by (4.41%) and Wipro by (2.79%). In banking sector, ICICI bank and HDFC bank decreased by (2.50%) and (1.69%) respectively. VSNL fell by (3.52%).

Today, the major stock markets in Asia are trading lower. Hang Seng is trading lower by 264.81 points to trade at 23,204.65 along with Singapore Strait Times trading down by 32.39 points at 2,899.58 and South Korea''s Seoul Composite is trading at 1,642.36 down by 54.21 points.

The FIIs on Friday stood as net seller in equity. The gross equity purchased was Rs2,989.50 Crore while the gross equity sold stood at Rs3,157.90 Crore. Therefore, the net investment of equity reported was (Rs168.40 Crore).

Today, Nifty has support at 5,003 and resistance at 5,219 and BSE Sensex has support at 17,104 and resistance at 17,723.

Post Session Market

The market closed in the negative territory on the back of selling pressures across the counters. The market keeps on moving in the positive and negative region throughout the trading session. The market opened with marginal gains but unable to sustain at the higher levels and fell as the profit booking prevailed. The annual inflation that rose 4.11% in the week ended 26 January 2008 from 3.93% last week also add to the negative sentiment. From the sectoral point, IT scrips remained in the limelight as they reported most buying from the counters, however Metal, Realty, CG and Bankex scrips fell to attract investor''s confidence as most selling was seen from these baskets. The Mid Caps and Small Caps underperformed the benchmark indices as they faced heavy selling pressures. The BSE Sensex closed lower by 62.04 points at 17,464.89 and NSE Nifty fell by 12.9 points to close at 5,120.35. The BSE Mid Cap and Small Cap indices closed lower by 147.85 points and 282.28 points at 7,633.27 and 9,920.35 respectively.

BSE IT index closed higher by 138.04 points at 3,843.34 as NIIT (6.30%), Rolta India (6.05%), HCL Tech (5.57%), Satyam (4.90%), Infosys (4.76%), Wipro (3.07%).

BSE Metal index closed lower by 414 points at 15,114.84. Scrips that fell are Jindal Stainless (6.15%), Welspun Guj (5.93%), Bhushan Steel (4.95%), SAIL (4.61%).

BSE CG plunged by 261.51 points to close at 15,859.11. Losers are Jyoti Structures (6.53%), Praj Inds (5.93%), Punj Lloyd (4.92%), Thermax (4.73%), Kalpataru Power (3.40%).

BSE Bankex index closed lower by 225.35 points at 10,159.42. Scrips that fell are Axis bank (5.12%), Kotak bank (4.82%), Yes bank (4.49%), Canara bank (3.77%).

BSE Realty index dropped by 246.48 points to close at 10,030.33. Losers are Purvankara (5.66%), Akruti City (3.52%), Omaxe (3.41%), DLF (3.33%), HDIL (2.79%).

BSE Oil & Gas index slipped by 30.22 points to close at 10,638.44. Scrips that dropped are Cairn India (3.04%), Essar Oil (2.74%), RPL (2.16%), RNRL (1.62%).

Mid Session Market

The market is trading in the negative territory ads selling continued in the selective scrips mainly led by the stocks like Realty, metal and Capital Goods stocks. However the significant buying witnessed in the IT stocks. The Mid Cap and the Small Cap stocks are the top today as heavy selling witnessed in these stocks. The overall market breadth remains extremely negative, as 482 stocks are advancing while 2,151 stocks are declining and the 34 stocks remained unchanged on BSE. The BSE Mid cap is lower by 166.38 points at 7,614.74 and the BSE small Cap dropped by 266.76 points to trade at 9,935.87.

At 12.40 pm, BSE Sensex was at 17,427.76 down by 99.17 points and Nifty was at 5,105.85 down by 27.40 points.

BSE IT index surged by 155.50 points to trade at 3,860.80 as HCL Technologies (6.15%), Infosys (5.53%), Satyam (4.86%) and TCS (4.66%) are trading in green.HCL Technologies is close to clinch a $1bn i.e. Rs3950 crore outsourcing contract from the European telecommunications company.

BSE Oil & Gas index was trading 42.43 points higher at 10,711.09 as BPCL (1.07%), HPCL (0.85%), Indian Oil (0.31%) and Aban Offshore (0.50%) are trading in green.

BSE Metal index slipped by 185.49 points to trade at 15,343.35. The major losers are SAIL (4.87%), Jindal Stainless (4.30%), Jindal Steel (3.24%) and JSW Steel (2.72%).

BSE Capital goods index dropped by 254.46 points to 15,866.16. The main losers are Praj Industries (5.32%), L&T (3.12%), BHEL (1.08%) and Siemens (0.41%).

BSE Banks index declined by 81.40 points to trade at 10,303.37. The top losers are Kotak Bank (6.95%), Canara Bank (4.13%), Indian Overseas (3.37%), ICICI Bank (2.33%) and HDFC Bank (2.53%).

BSE Power index fell by 40.99 points to trade at 3,741.75 as Tata Power (3.85%), Torent Power (2.98%), Power Grid (2.68%), NTPC (1.89%%)

BSE Auto index decreased by 31.29 points to trade at 4,752.51. Leading to its fall are MRF (3.34%), Baja Auto (2.36%), M&M (1.88%) and TVS Motors (1.12%).

Pre Session Market

The Indian Market is likely to have a positive opening as the US market closed in green. On Tuesday, The market tumbled and closed on a deep red note. Heavy selling pressures across all the sectoral indices was witnessed after the mid session on the back of the reports by the government, which cited that the economy is likely to grow at a reasonable rate of 8.7% during the current fiscal as against 9.6% last year. The estimation of growth was slightly higher than then RBI''s projection of 8.5%, which led o the negative sentiments in the market. The Small Caps and Mid Caps also did not survive from the bloodbath as they also faced heavy selling pressures across the counters. The BSE Sensex closed lower by 612.56 points at 17,526.93 while NSE Nifty fell by 189.3 points to close at 5,133.25. We expect that the market may remain volatile during the trading session and the declaration of inflation figures by the government in the afternoon will give further direction to the market.

On Thursday, the US market closed in positive territory. The Dow Jones Industrial Average (DJIA) closed higher by 46.90 points at 12,247. S&P 500 index grew by 10.46 points to close at 1,336.91 and NASDAQ closed up by 14.28 points at 2,293.03.

Indian ADRS ended in mixed. In technology sector, Patni Comp grew by (2.36%) along with Satyam by (1.14%) and Infosys by (0.33%). In banking sector, HDFC increased by (1.73%). VSNL fell by (2.69%).

Today, From the Asian markets, Nikkei is trading lower by 104.34 points at 13,102.81. The markets in China, Hong Kong, South Korea, Indonesia, Malaysia, Singapore, Taiwan and Vietnam were closed for the Chinese Lunar New Year holidays.

The FIIs on Thursday stood as net seller in equity. The gross equity purchased was Rs2,224.70 Crore while the gross equity sold stood at Rs2,752.90 Crore. Therefore, the net investment of equity reported was (Rs528.20 Crore).

Today, Nifty has support at 5,041 and resistance at 5,243 and BSE Sensex has support at 17,134 and resistance at 18,137.

Post Session Market

The market tumbled and closed on a deep red note. Heavy selling pressures across all the sectoral indices was witnessed after the mid session on the back of the reports by the government, which cited that the economy is likely to grow at a reasonable rate of 8.7% during the current fiscal as against 9.6% last year. The estimation of growth was slightly higher than then RBI''s projection of 8.5%, which led o the negative sentiments in the market. The cues from the global markets are not in favor, which also add to the sentiments. A lot of volatility was witnessed during the trading session but finally market takes a huge turn to close with heavy losses. The Small Caps and Mid Caps also did not survive from the bloodbath as they also faced heavy selling pressures across the counters. The BSE Sensex closed lower by 612.56 points at 17,526.93 while NSE Nifty fell by 189.3 points to close at 5,133.25. The BSE Mid Cap and Small Cap indices closed lower by 189.62 points and 210.18 points at 7,781.12 and 10,202.63 respectively.

BSE Metal index closed lower by 660.62 points at 15,528.84. Scrips that fell are Jindal Steel (6.98%), Bhushan Steel (6.31%), Hindalco (5.63%), Ispat Inds (4.95%), SAIL (4.91%).

BSE Realty index plunged by 384.76 points to close at 10,030.33. Losers Unitech (7.17%), Omaxe (7.03%), HDIL (4.20%), Ansal Infra (4.08%), Purvankara (3.73%).

BSE CG closed lower by 451.03 points at 16,120.62. Losers are Crompton Greaves (6.72%), Bharat Elec (5.69%), Lakshmi Machines (5.05%), L&T (3.97%), Areva (3.41%).

BSE Oil & Gas index fell by 492.17 points to close at 10,668.66. Scrips that dropped are RNRL (6.44%), Reliance Inds (4.98%), Cairn India (4.90%), RPL (4.36%), IOCL (3.86%).

BSE Bankex index fell by 247.59 points to close at 10,690.01. Scrips that fell are CentBOP (6.24%), Axis bank (6.21%), PNB (5.41%), ICICI bank (4.13%), Allahabad bank (3.34%).

BSE IT index closed lower by 226 points at 3,813.82 as HCL Tech (7.89%), Rolta (7.68%), Tech Mahindra (4.97%) closed in red.