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.
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.
No comments:
Post a Comment