The market has shed some its opening gains and is trading near the unchanged level as selling pressure continued in the selective scrips mainly led by the FMCG, Metal, IT and Pharma stocks. However significant buying in the Oil & Gas, Capital Goods, Bank and Realty stocks have provided some support to the market. The BSE Mid Cap and BSE Small Cap are facing the most selling pressure today and have under performed the benchmark index.
The overall market breadth is negative 1081 stocks are advancing while 1328 stocks are declining and the 65 stocks remained unchanged on BSE.
The BSE Mid cap is lower by 5.67 points at 5,809.56 and the BSE small Cap slipped by 16.39 points to trade at 7,119.91.
At 12.30 pm, BSE Sensex was at 14,308.94 up by 15.62 points and Nifty was at 4,266.90 marginally up by 0.50 points.
BSE Oil & Gas index was trading 130.27 points higher at 9,302.37 as Reliance (2.41%), RPL (0.71%), Cairn India (0.39%) and ONGC (0.12%) are trading in green.
BSE Capital goods index surged by 114.99 points to 10,912. The main gainers are BHEL (1.88%), Siemens (0.96%), ABB (0.86%) and L&T (0.24%).
BSE Bankex index is trading higher by 56.85 points at 6,687.43. Gainers are SBI (2.25%), PNB (1.72%), ICICI Bank (0.60%) and HDFC Bank (0.10%).
BSE Realty increased by 39.76 points to 5,227.68. Leading to its gain are Unitech (1.49%), DLF (1.30%), HDIL (1.19%), Sobha Developers (0.80%) are trading lower.
BSE Auto grew by 7.76 points to 3,931.17. Leading to its gain are Mahindra & Mahindra (1.38%) and Hero Honda (0.23%).
BSE Power index advanced by 18.18 points to 2,456.16. The main gainers are Suzlon Energy (3.07%), NTPC (1.36%), Torent Power (1.28%) and Power Grid (0.77%).
BSE IT index declined by 21.79 points to trade at 4,221.63 as TCS (3.87%), Financial Technologies (1.33%), and Mphasis (0.36%) are trading in red.
BSE Metal index dropped by 33.19 points to trade at 13,823.14. The major losers are Hindalco Industries (8.57%), Sterlite Industries (6.01%), Tata Steel (4.87%) and SAIL (4.18%).
The overall market breadth is negative 1081 stocks are advancing while 1328 stocks are declining and the 65 stocks remained unchanged on BSE.
The BSE Mid cap is lower by 5.67 points at 5,809.56 and the BSE small Cap slipped by 16.39 points to trade at 7,119.91.
At 12.30 pm, BSE Sensex was at 14,308.94 up by 15.62 points and Nifty was at 4,266.90 marginally up by 0.50 points.
BSE Oil & Gas index was trading 130.27 points higher at 9,302.37 as Reliance (2.41%), RPL (0.71%), Cairn India (0.39%) and ONGC (0.12%) are trading in green.
BSE Capital goods index surged by 114.99 points to 10,912. The main gainers are BHEL (1.88%), Siemens (0.96%), ABB (0.86%) and L&T (0.24%).
BSE Bankex index is trading higher by 56.85 points at 6,687.43. Gainers are SBI (2.25%), PNB (1.72%), ICICI Bank (0.60%) and HDFC Bank (0.10%).
BSE Realty increased by 39.76 points to 5,227.68. Leading to its gain are Unitech (1.49%), DLF (1.30%), HDIL (1.19%), Sobha Developers (0.80%) are trading lower.
BSE Auto grew by 7.76 points to 3,931.17. Leading to its gain are Mahindra & Mahindra (1.38%) and Hero Honda (0.23%).
BSE Power index advanced by 18.18 points to 2,456.16. The main gainers are Suzlon Energy (3.07%), NTPC (1.36%), Torent Power (1.28%) and Power Grid (0.77%).
BSE IT index declined by 21.79 points to trade at 4,221.63 as TCS (3.87%), Financial Technologies (1.33%), and Mphasis (0.36%) are trading in red.
BSE Metal index dropped by 33.19 points to trade at 13,823.14. The major losers are Hindalco Industries (8.57%), Sterlite Industries (6.01%), Tata Steel (4.87%) and SAIL (4.18%).
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