Monday, February 18, 2008

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.

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