The markets are reeling under pressure today on the back of continued selling pressure. The markets though managed to recover a bit in the early trade but could not able to sustain its momentum and once again slipped further as profit booking emerged at the higher level. All the sectorial indices are trading in red mainly led by the Realty, Banking, IT, Pharma, Capital Goods and Power stocks. However, the Oil & Gas stocks are facing some buying momentum. The BSE Sensex is now trading around the 13800 mark and the NSE Nifty below the 4200 mark.
The BSE Mid Cap and the BSE Small Cap stocks are also facing the selling pressure as both are trading with a cut of more than 1% each.
The overall market breadth remains negative as 739 stocks are advancing while 1539 stocks are declining and the 75 stocks remained unchanged on BSE.
The BSE Mid cap is lower by 54.44 points at 5,166.52 and the BSE small Cap slipped by 56.53 points to trade at 6,137.58.
At 12.30 pm, BSE Sensex was at 13,817.57 down by 177.39 points and the NSE Nifty was at 4,187.05 down by 36 points.
BSE Oil & Gas index was trading 94.95 points higher at 9,493.60 as Cairn India (1.18%), ABN Offshore (0.62%), Gail India (0.60%) and RPL (0.13%) are trading in positive.
BSE Bankex index is trading lower by 160.28 points at 6,942.01. Losers are Bank of India (3.53%), SBI (3.04%), Bank of Baroda (2.64%) and PNB (2.29%).
BSE Realty index dropped by 131.79 points to 3,963.71. The major losers are DLF (5.68%), India Bull Real (4.93%), Unitech (3.81%) and HDIL (4.17%).
BSE Metal index slipped by 46.86 points at 10,086.08 as Jindal Steel (2.76%), Hindalco Industries (1.87%), Tata Steel (1.73%) and Ispat Industries (1.43%) are trading in red.
BSE Capital goods index dropped by 84.37 points to 11,392.72. The main losers are Crompton Greaves (3.13%), BHEL (2.01%), Praj Industries (1.35%) and Siemens (1.33%).
BSE IT index declined by 64.90 points to trade at 3,574.53 as Satyam Computer (4.46%), Wipro (3.70%), Infosys Technologies (2.31%) and Tech Mahindra (1.31%) trading in negative.
BSE Power index was trading 20.57 points lower at 2,468.16. The main losers are NTPC (1.13%), Torent Power (0.79%), Suzlon Energy (0.60%) and GVK Power (0.48%).
BSE Auto index declined by 23.62 points to 3,890.66. Leading to its fall are Tata Motors (2.23%), Bajaj Auto (1.88%), Ashok Leyland (1.02%)
The BSE Mid Cap and the BSE Small Cap stocks are also facing the selling pressure as both are trading with a cut of more than 1% each.
The overall market breadth remains negative as 739 stocks are advancing while 1539 stocks are declining and the 75 stocks remained unchanged on BSE.
The BSE Mid cap is lower by 54.44 points at 5,166.52 and the BSE small Cap slipped by 56.53 points to trade at 6,137.58.
At 12.30 pm, BSE Sensex was at 13,817.57 down by 177.39 points and the NSE Nifty was at 4,187.05 down by 36 points.
BSE Oil & Gas index was trading 94.95 points higher at 9,493.60 as Cairn India (1.18%), ABN Offshore (0.62%), Gail India (0.60%) and RPL (0.13%) are trading in positive.
BSE Bankex index is trading lower by 160.28 points at 6,942.01. Losers are Bank of India (3.53%), SBI (3.04%), Bank of Baroda (2.64%) and PNB (2.29%).
BSE Realty index dropped by 131.79 points to 3,963.71. The major losers are DLF (5.68%), India Bull Real (4.93%), Unitech (3.81%) and HDIL (4.17%).
BSE Metal index slipped by 46.86 points at 10,086.08 as Jindal Steel (2.76%), Hindalco Industries (1.87%), Tata Steel (1.73%) and Ispat Industries (1.43%) are trading in red.
BSE Capital goods index dropped by 84.37 points to 11,392.72. The main losers are Crompton Greaves (3.13%), BHEL (2.01%), Praj Industries (1.35%) and Siemens (1.33%).
BSE IT index declined by 64.90 points to trade at 3,574.53 as Satyam Computer (4.46%), Wipro (3.70%), Infosys Technologies (2.31%) and Tech Mahindra (1.31%) trading in negative.
BSE Power index was trading 20.57 points lower at 2,468.16. The main losers are NTPC (1.13%), Torent Power (0.79%), Suzlon Energy (0.60%) and GVK Power (0.48%).
BSE Auto index declined by 23.62 points to 3,890.66. Leading to its fall are Tata Motors (2.23%), Bajaj Auto (1.88%), Ashok Leyland (1.02%)
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