The markets are now trading lower after a sharp two days of huge rally. The volatility grips the markets today. The buying is seen among the Metal, Realty, Banking, Auto and Capital Goods stocks. However, the IT, Pharma, FMCG and Oil & Gas stocks are trading lower. The BSE Mid Cap and the BSE Small Cap index have outperformed the benchmark index today and are trading with a gain of more than 1% each.
The BSE Sensex is now trading around the 9,600 mark and the NSE Nifty trading around the 2,900 mark.
The overall market breadth is positive as 1381 stocks are advancing while 744 stocks are declining and the 92 stocks remained unchanged on BSE.
On the global market front, the Asian markets are trading mixed as Hang Seng, Nikkei and Seoul Composite index are trading higher by (0.29%), (0.70%) and (0.75%) respectively. However, the Shanghai Composite and the Straits Times index are trading lower by (1.97%) and (0.57%) respectively.
Jai Prakash Associate reported the top gainer from the BSE Sensex pack as it was trading higher by (11.30%) at Rs. 83.25 while Satyam Computer the top loser down by (6.68%) at Rs. 220.80.
The BSE Mid cap is higher by 48.06 points at 2,996.30 and the BSE small Cap advanced by 50.73 points to trade at 3,446.18.
At 12.31 pm, BSE Sensex was at 9,605.50 down by 49.40 points while the NSE Nifty was at 2,906.25 down by 22 points.
BSE Auto inclined by 10.46 points to 2,385.88. Leading to its gain are Bajaj Auto (4.12%), Ashok Leyland (3%), Tata Motors (1.50%) and Mahindra & Mahindra (0.82%).
BSE IT index declined by 63.82 points to trade at 2,391.16 as Satyam Computer (6.47%), Wipro (3.76%), TCS (2.94%), Infosys Technologies (1.87%) and HCL Technologies (1.56%) are trading in negative.
BSE Metal index surged by 135.32 points at 5,317.24 as Sterlite Industries (6.76%), Gujarat NRE (4.99%), NMDC (4.11%), Sesa Goa (4%) and SAIL (3.58%) are trading in green.
BSE Bankex index is trading higher by 99.11 points at 5,058.40. Gainers are IDBI Bank (4.09%), ICICI Bank (3.33%), AXIS Bank (2.32%), Kotak Bank (2.88%) and HDFC Bank (1.15%).
BSE Oil & Gas index is trading 23.65 points lower at 5,882.81 as Gail India (4.87%), BPCL (2.74%), HPCL (2.16%), Indian Oil (2.16%) and ONGC (1.02%) are trading in negative.
BSE Capital goods index advanced by 13.73 points to 6,837.87. The main gainers are BEML (4.36%), Havells India (5.06%), Praj Industries (3.74%), Punj Lloyd (3.57%) and Gammon India (3.27%).
BSE Power index is trading 1.12 points lower at 1,761.41. The main losers are NTPC (2.78%), Power Grid (0.59%) while leading to its gains are Suzlon Energy (10.12%), GVK Power (6.08%) and Reliance Power (3.50%).
BSE Realty index improved by 50.55 points to 2,055.64. The major gainers are India Bull Real (5.38%), Penland (6.82%), Sobha Developers (6.26%) and Ansal Infra (5.72%).
The BSE Sensex is now trading around the 9,600 mark and the NSE Nifty trading around the 2,900 mark.
The overall market breadth is positive as 1381 stocks are advancing while 744 stocks are declining and the 92 stocks remained unchanged on BSE.
On the global market front, the Asian markets are trading mixed as Hang Seng, Nikkei and Seoul Composite index are trading higher by (0.29%), (0.70%) and (0.75%) respectively. However, the Shanghai Composite and the Straits Times index are trading lower by (1.97%) and (0.57%) respectively.
Jai Prakash Associate reported the top gainer from the BSE Sensex pack as it was trading higher by (11.30%) at Rs. 83.25 while Satyam Computer the top loser down by (6.68%) at Rs. 220.80.
The BSE Mid cap is higher by 48.06 points at 2,996.30 and the BSE small Cap advanced by 50.73 points to trade at 3,446.18.
At 12.31 pm, BSE Sensex was at 9,605.50 down by 49.40 points while the NSE Nifty was at 2,906.25 down by 22 points.
BSE Auto inclined by 10.46 points to 2,385.88. Leading to its gain are Bajaj Auto (4.12%), Ashok Leyland (3%), Tata Motors (1.50%) and Mahindra & Mahindra (0.82%).
BSE IT index declined by 63.82 points to trade at 2,391.16 as Satyam Computer (6.47%), Wipro (3.76%), TCS (2.94%), Infosys Technologies (1.87%) and HCL Technologies (1.56%) are trading in negative.
BSE Metal index surged by 135.32 points at 5,317.24 as Sterlite Industries (6.76%), Gujarat NRE (4.99%), NMDC (4.11%), Sesa Goa (4%) and SAIL (3.58%) are trading in green.
BSE Bankex index is trading higher by 99.11 points at 5,058.40. Gainers are IDBI Bank (4.09%), ICICI Bank (3.33%), AXIS Bank (2.32%), Kotak Bank (2.88%) and HDFC Bank (1.15%).
BSE Oil & Gas index is trading 23.65 points lower at 5,882.81 as Gail India (4.87%), BPCL (2.74%), HPCL (2.16%), Indian Oil (2.16%) and ONGC (1.02%) are trading in negative.
BSE Capital goods index advanced by 13.73 points to 6,837.87. The main gainers are BEML (4.36%), Havells India (5.06%), Praj Industries (3.74%), Punj Lloyd (3.57%) and Gammon India (3.27%).
BSE Power index is trading 1.12 points lower at 1,761.41. The main losers are NTPC (2.78%), Power Grid (0.59%) while leading to its gains are Suzlon Energy (10.12%), GVK Power (6.08%) and Reliance Power (3.50%).
BSE Realty index improved by 50.55 points to 2,055.64. The major gainers are India Bull Real (5.38%), Penland (6.82%), Sobha Developers (6.26%) and Ansal Infra (5.72%).
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