The markets though managed to recover a bit from its low but are still trading sharply lower as selling pressure continued across the board. The Realty Index is the most unfavorable index as it is now trading with a cut of more than 7% and has under performed the benchmark index today. The BSE Mid Cap and the BSE Small Cap are trading lower with a loss of around 4% each. The Consumer Durables, Metal, IT, Capital Goods and Power stocks are also out of favor today.
The BSE Sensex is now trading around the 12800 mark, while the NSE Nifty around the 3850 mark.
The overall market breadth remains negative as 264 stocks are advancing while 2185 stocks are declining and the 45 stocks remained unchanged on BSE.
The BSE Mid cap is lower by 207.38 points at 4,932.25 and the BSE small Cap slipped by 283.49 points to trade at 5,931.26.
At 12.30 pm, BSE Sensex was at 12,846.15 down by 416.75 points and the NSE Nifty was at 3,893.30 down by 114.95 points.
BSE Metal index dropped by 481.10 points at 9,333.83 as Gujarat NRE (12.11%), Sesa Goa (8.73%), Jindal Saw (6.78%) and Nalco (6.54%) are trading in red.
BSE Capital goods index slipped by 421.19 points to 10,721.72. The main losers are Gammon India (6.61%), Praj Industries (5.20%), BHEL (5.05%) and L&T (3.43%).
BSE IT index declined by 128.76 points to trade at 3,395.56 as Tech Mahindra (6.46%), Patni Computer (5.57%), Satyam Computer (4.72%) and Infosys Technologies (4.35%) trading in negative.
BSE Realty index slipped by 292.44 points to 3,699.49. The major losers are India Bull (11.67%), HDIL (9.84%), Mahindra Life (7.93%) and Unitech (6.85%).
BSE Oil & Gas index was trading 213.63 points lower at 8,552.61 as RNRL (6.29%), Essar Oil (5.60%), ABN Offshore (2.48%), Indian Oil (1.98%) and Cairn India (1.92%) are trading in negative.
BSE Bankex index is trading lower by 110.98 points at 6,481.98. Losers are IDBI Bank (5.22%), Indus Ind Bank (3.43%), ICICI Bank (1.98%) and HDFC Bank (1.81%).
BSE Auto index decreased by 105.28 points to 3,772.62. The top losers are Ashok Leyland (3.50%), Tata Motors (2.59%), Bajaj Auto (2.71%) and Mahindra & Mahindra (2.48%).
BSE Power index declined by 83.87 points to 2,302.03. Losers are Tata Power (5.47%), Torent Power (4.59%), Power Grid (3.59%) and Reliance Power (3.75%)
The BSE Sensex is now trading around the 12800 mark, while the NSE Nifty around the 3850 mark.
The overall market breadth remains negative as 264 stocks are advancing while 2185 stocks are declining and the 45 stocks remained unchanged on BSE.
The BSE Mid cap is lower by 207.38 points at 4,932.25 and the BSE small Cap slipped by 283.49 points to trade at 5,931.26.
At 12.30 pm, BSE Sensex was at 12,846.15 down by 416.75 points and the NSE Nifty was at 3,893.30 down by 114.95 points.
BSE Metal index dropped by 481.10 points at 9,333.83 as Gujarat NRE (12.11%), Sesa Goa (8.73%), Jindal Saw (6.78%) and Nalco (6.54%) are trading in red.
BSE Capital goods index slipped by 421.19 points to 10,721.72. The main losers are Gammon India (6.61%), Praj Industries (5.20%), BHEL (5.05%) and L&T (3.43%).
BSE IT index declined by 128.76 points to trade at 3,395.56 as Tech Mahindra (6.46%), Patni Computer (5.57%), Satyam Computer (4.72%) and Infosys Technologies (4.35%) trading in negative.
BSE Realty index slipped by 292.44 points to 3,699.49. The major losers are India Bull (11.67%), HDIL (9.84%), Mahindra Life (7.93%) and Unitech (6.85%).
BSE Oil & Gas index was trading 213.63 points lower at 8,552.61 as RNRL (6.29%), Essar Oil (5.60%), ABN Offshore (2.48%), Indian Oil (1.98%) and Cairn India (1.92%) are trading in negative.
BSE Bankex index is trading lower by 110.98 points at 6,481.98. Losers are IDBI Bank (5.22%), Indus Ind Bank (3.43%), ICICI Bank (1.98%) and HDFC Bank (1.81%).
BSE Auto index decreased by 105.28 points to 3,772.62. The top losers are Ashok Leyland (3.50%), Tata Motors (2.59%), Bajaj Auto (2.71%) and Mahindra & Mahindra (2.48%).
BSE Power index declined by 83.87 points to 2,302.03. Losers are Tata Power (5.47%), Torent Power (4.59%), Power Grid (3.59%) and Reliance Power (3.75%)
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