Thursday, February 14, 2008

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.

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