Wednesday, July 30, 2008

Mid Session Market - July 30 , 2008

The markets have gained further grounds and are trading strongly backed the strong buying support continued across the board. The most buying is seen in the Banking, Metal, Realty and Power stocks. The Bse Mid Cap and BSE Small cap are also trading higher with a gain of more than 1.5% each. The BSE is now trading above the 14200 mark and the NSE Nifty is trading near the 4300 mark

The overall market breadth is positive as 1746 stocks are advancing while 610 stocks are declining and the 67 stocks remained unchanged on BSE.

The BSE Mid cap is higher by 95.07 points at 5,583.65 and the BSE small Cap is up by 102.95 points to trade at 6,933.97.

At 12.30 pm, BSE Sensex was at 14,204.28 up by 412.73 points and the NSE Nifty was at 4,295.25 up by 105.39 points.

BSE Capital goods index advanced by 264.70 points to 11,585.30. The main gainers are BHEL (4.66%), ABB (2.23%), Siemens (1.92%) and L&T (1.47%).

BSE Bankex index is trading higher by 288.92 points at 6,488.52. Gainers are HDFC Bank (6.48%), ICICI Bank (5.17%), PNB (4.62%) and SBI (3.82%).

BSE Metal index surged by 436.18 points at 12,566.54 as Tata Steel (6.42%), SAIL (4%), Sterlite Industries (2.66%) and Hindalco Industries (1.29%) are trading in green.

BSE Oil & Gas index was trading 217.52 points higher at 9,521.09 as Gail India (5.75%), BPCL (4.07%), RPL (2.16%) and ONGC (2.13%) are trading in positive.

BSE Realty index improved by 151.14 points to 4,948.85. The major gainers are India Bull Real (9.11%), HDIL (3.48%), DLF (3.26%) and Sobha Developers (3.14%).

BSE Auto index increased by 52.78 points to 3,625.99. The top gainers are Hero Honda (4.55%), Tata Motors (2.37%), Maruti Suzuki (1.34%) and Mahindra & Mahindra (1%).

BSE Power index increased by 52.91 points to 2,526.72. Gainers are Tata Power (4.70%), Suzlon Energy (4.01%) and Power Grid (3.71%).

BSE IT index inclined by 82.80 points to trade at 3,671.37 as Wipro (3.77%), Satyam Computer (3.06%), Infosys Technologies (2.68%) and TCS (0.87%) trading in positive.

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