The markets managed to recover from the day’s low and are trading in the positive territory after the inflation number came in better than expected. The inflation for the week to December 6, slipped further to 6.84% from 8% a week earlier. Where it was expected to remain around the 7% level. The significant buying is witnessed among the IT, Realty, Power, FMCG and Banking stocks. However, the Oil & gas and Metal stocks are facing the selling pressure. The BSE Mid Cap and the Small Cap index today are however trading with marginal gains.
The BSE Sensex is now trading near the 9,800 mark and the NSE Nifty trading above the 2,900 mark.
The overall market breadth is positive as 1042 stocks are advancing while 1033 stocks are declining and the 80 stocks remain unchanged on BSE.
On the global market front, the Asian markets are trading higher as the Hang Seng, Seoul Composite, Shanghai Composite and Nikkei 225 index are trading higher by (0.35%), (0.53%), (1.26%) and (0.64%) respectively.
Satyam Computer reported the top gainer from the BSE Sensex pack as it was trading higher by (6.49%) at Rs. 168.30 while Tata Steel the top loser down by (3.59%) at Rs. 211.
The BSE Mid cap is higher by 10.35 points at 3,146.52 and the BSE small Cap advanced by 3.35 points to trade at 3,681.91.
At 12.35 pm, BSE Sensex was at 9,799.66 up by 84.37 points while the NSE Nifty was at 2,976.10 up by 21.75 points.
BSE Auto inclined by 17.49 points to 2,459.26. Leading to its gain are Hero Honda (2.46%), Bajaj Auto (2.03%), Mahindra & Mahindra (1.83%) and Amtek Auto (2.17%).
BSE IT index inclined by 80.30 points to trade at 2,326.23 as HCL Technologies (7.13%), Wipro (5.04%), Satyam Computer (6.42%), Infosys Technologies (3.02%) and TCS (3.47%) are trading in positive.
BSE Metal index dropped by 119.18 points at 5,204.26 as Jindal Saw (4.57%), Tata Steel (4.55%), Sterlite Industries (2.65%), JSW Steel (2.81%) and Hindalco Industries (1.66%) are trading in red.
BSE Bankex index is trading higher by 108.89 points at 5,358.27. Gainers are SBI (3.88%), PNB (3.13%), ICICI Bank (2.65%), AXIS Bank (2.53%) and ICICI Bank (2.65%).
BSE Oil & Gas index is trading 120.33 points lower at 6,243.68 as Cairn India (7.58%), Aban offshore (4.57%), Gail India (4.32%), ONGC (2.02%) and Reliance Industries (2.75%) are trading in negative.
BSE Capital goods index advanced by 77.17 points to 6,912.59. The main gainers are ABB (3.39%), Praj Industries (2.66%), Siemens (2.41%) and L&T (2.12%).
BSE Power index is trading 37.25 points higher at 1,780.89. The main gainers are GVK Power (6.82%), Suzlon Energy (4.19%), Reliance Power (4.27%), NTPC (2.94%),and Power Grid (1.68%).
BSE Realty index fell 15.43 points to 2,113.78. The major losers are DLF (6.44%), Unitech (3.44%), Penland (3.07%), Parsavnath (1.79%) and Ansal Infra (2.51%).
The BSE Sensex is now trading near the 9,800 mark and the NSE Nifty trading above the 2,900 mark.
The overall market breadth is positive as 1042 stocks are advancing while 1033 stocks are declining and the 80 stocks remain unchanged on BSE.
On the global market front, the Asian markets are trading higher as the Hang Seng, Seoul Composite, Shanghai Composite and Nikkei 225 index are trading higher by (0.35%), (0.53%), (1.26%) and (0.64%) respectively.
Satyam Computer reported the top gainer from the BSE Sensex pack as it was trading higher by (6.49%) at Rs. 168.30 while Tata Steel the top loser down by (3.59%) at Rs. 211.
The BSE Mid cap is higher by 10.35 points at 3,146.52 and the BSE small Cap advanced by 3.35 points to trade at 3,681.91.
At 12.35 pm, BSE Sensex was at 9,799.66 up by 84.37 points while the NSE Nifty was at 2,976.10 up by 21.75 points.
BSE Auto inclined by 17.49 points to 2,459.26. Leading to its gain are Hero Honda (2.46%), Bajaj Auto (2.03%), Mahindra & Mahindra (1.83%) and Amtek Auto (2.17%).
BSE IT index inclined by 80.30 points to trade at 2,326.23 as HCL Technologies (7.13%), Wipro (5.04%), Satyam Computer (6.42%), Infosys Technologies (3.02%) and TCS (3.47%) are trading in positive.
BSE Metal index dropped by 119.18 points at 5,204.26 as Jindal Saw (4.57%), Tata Steel (4.55%), Sterlite Industries (2.65%), JSW Steel (2.81%) and Hindalco Industries (1.66%) are trading in red.
BSE Bankex index is trading higher by 108.89 points at 5,358.27. Gainers are SBI (3.88%), PNB (3.13%), ICICI Bank (2.65%), AXIS Bank (2.53%) and ICICI Bank (2.65%).
BSE Oil & Gas index is trading 120.33 points lower at 6,243.68 as Cairn India (7.58%), Aban offshore (4.57%), Gail India (4.32%), ONGC (2.02%) and Reliance Industries (2.75%) are trading in negative.
BSE Capital goods index advanced by 77.17 points to 6,912.59. The main gainers are ABB (3.39%), Praj Industries (2.66%), Siemens (2.41%) and L&T (2.12%).
BSE Power index is trading 37.25 points higher at 1,780.89. The main gainers are GVK Power (6.82%), Suzlon Energy (4.19%), Reliance Power (4.27%), NTPC (2.94%),and Power Grid (1.68%).
BSE Realty index fell 15.43 points to 2,113.78. The major losers are DLF (6.44%), Unitech (3.44%), Penland (3.07%), Parsavnath (1.79%) and Ansal Infra (2.51%).
No comments:
Post a Comment