The markets are now flat after the IIP numbers are out. The industrial growth in September came in at 4.8% against the 13-year low of 1.4% in August 2008. The infrastructure index that have a combined weight of 26.7% in the IIP, posted a growth of 5.1% for September. The Capital Goods growth has come in at 19%. The Realty, Auto, FMCG, Metal, Banking and Pharma stocks are still under pressure today. However, the IT and Power sticks are trading with marginal gains. The BSE Mid Cap and the BSE Small Cap index are however trading lower.
The BSE Sensex is now trading below the 9,900 mark and the NSE Nifty is hovering near the 2,950 mark.
The overall market breadth is negative as 739 stocks are advancing while 1492 stocks are declining and the 74 stocks remained unchanged on BSE.
On the global market front, the Asian Markets are trading lower as Hang Seng, Nikkei 225 and Straits Times are trading lower by (0.61%), (1.29%), (0.17%) respectively. While the Shanghai Composite Index is trading higher by (0.37%).
TCS reported the top gainer from the BSE Sensex pack as it was trading higher by (4.69%) at Rs.550.80 while ICICI Bank reported the top loser down by (4.16%) at Rs.416.10.
The BSE Mid cap is lower by 25.63 points at 3,331.07 and the BSE small Cap slipped by 18.91 points to trade at 3,869.10.
At 12.31 pm, BSE Sensex was at 9,842.47 marginally up by 2.78 points while the NSE Nifty was at 2,948.60 marginally up by 9.95 points.
BSE Metal index dropped by 120.80 points at 5,112.97 as SAIL (6.51%), Hindalco Industries (5.17%), Jindal Saw (4.41%), Sterlite Industries (3.99%) and Gujarat NRE (2.92%) are trading in red.
BSE Bankex index is trading lower by 110.52 points at 5,314.98. Losers are ICICI Bank (4.76%), AXIS Bank (2.15%), PNB (1.14%), Bank of India (0.80%) and SBI (0.47%).
BSE Oil & Gas index is trading 70.88 points lower at 5,851.73 as Cairn India (2.43%), ONGC (0.52%), RPL (0.43%) and Aban Offshore (0.22%) are trading in negative.
BSE Capital goods index slipped by 21.18 points to 7,509.70. The main losers are Gammon India (4.14%), Crompton Greaves (2.64%), Alstrom Project (2.08%), Bharat Bijli (2.04%) and SKF India (1.03%).
BSE IT index inclined by 22.78 points to trade at 2,657.66 as TCS (3.97%), HCL Technologies (3.86%), Wipro (3.71%), Infosys Technologies (2.82%) and Satyam Computer (1.08%) are trading in positive.
BSE Power index is trading 8.63 points higher at 1,778. The main gainers are NTPC (3.70%), Tata Power (3.35%), GVK Power (4.14%), Suzlon Energy (1.77%), Reliance Power (0.57%).
BSE Realty index slipped by 79.60 points to 2,129.11. The major losers are DLF (3.19%), Ansal Infra (1.23%), Sobha Developers (0.63%) and Unitech (0.59%).
BSE Auto declined by 61.53 points to 2,548.30. Leading to its fall are Tata Motors (3.57%), Bajaj Auto (2.60%), Ashok Leyland (1.85%) and Maruti Suzuki (1.52%).
The BSE Sensex is now trading below the 9,900 mark and the NSE Nifty is hovering near the 2,950 mark.
The overall market breadth is negative as 739 stocks are advancing while 1492 stocks are declining and the 74 stocks remained unchanged on BSE.
On the global market front, the Asian Markets are trading lower as Hang Seng, Nikkei 225 and Straits Times are trading lower by (0.61%), (1.29%), (0.17%) respectively. While the Shanghai Composite Index is trading higher by (0.37%).
TCS reported the top gainer from the BSE Sensex pack as it was trading higher by (4.69%) at Rs.550.80 while ICICI Bank reported the top loser down by (4.16%) at Rs.416.10.
The BSE Mid cap is lower by 25.63 points at 3,331.07 and the BSE small Cap slipped by 18.91 points to trade at 3,869.10.
At 12.31 pm, BSE Sensex was at 9,842.47 marginally up by 2.78 points while the NSE Nifty was at 2,948.60 marginally up by 9.95 points.
BSE Metal index dropped by 120.80 points at 5,112.97 as SAIL (6.51%), Hindalco Industries (5.17%), Jindal Saw (4.41%), Sterlite Industries (3.99%) and Gujarat NRE (2.92%) are trading in red.
BSE Bankex index is trading lower by 110.52 points at 5,314.98. Losers are ICICI Bank (4.76%), AXIS Bank (2.15%), PNB (1.14%), Bank of India (0.80%) and SBI (0.47%).
BSE Oil & Gas index is trading 70.88 points lower at 5,851.73 as Cairn India (2.43%), ONGC (0.52%), RPL (0.43%) and Aban Offshore (0.22%) are trading in negative.
BSE Capital goods index slipped by 21.18 points to 7,509.70. The main losers are Gammon India (4.14%), Crompton Greaves (2.64%), Alstrom Project (2.08%), Bharat Bijli (2.04%) and SKF India (1.03%).
BSE IT index inclined by 22.78 points to trade at 2,657.66 as TCS (3.97%), HCL Technologies (3.86%), Wipro (3.71%), Infosys Technologies (2.82%) and Satyam Computer (1.08%) are trading in positive.
BSE Power index is trading 8.63 points higher at 1,778. The main gainers are NTPC (3.70%), Tata Power (3.35%), GVK Power (4.14%), Suzlon Energy (1.77%), Reliance Power (0.57%).
BSE Realty index slipped by 79.60 points to 2,129.11. The major losers are DLF (3.19%), Ansal Infra (1.23%), Sobha Developers (0.63%) and Unitech (0.59%).
BSE Auto declined by 61.53 points to 2,548.30. Leading to its fall are Tata Motors (3.57%), Bajaj Auto (2.60%), Ashok Leyland (1.85%) and Maruti Suzuki (1.52%).
No comments:
Post a Comment