Mid Session Market - Dec 26, 2008

The markets have now trading higher with a little bit of volatility as the investors keep an eye on the key inflation data. But suddenly the market loses some of its grounds after the inflation numbers were out. The inflation for week ended December 13 has come in at 6.61% as against 6.84% (WoW). Inflation for the week ended October 18 was revised to 10.82%. The significant is seen among the Realty, Metal, Banking, Oil & Gas and Capital Goods stocks.

Commerce Minister Kamal Nath after trading hours on Wednesday, 24 December 2008, said the government is considering another stimulus package to lift slowing growth, which may include steps to ease liquidity and relief measures for export and housing sectors.

The BSE Sensex is now trading above the 9,600 mark and the NSE Nifty trading above the 2,900 mark.

The overall market breadth is positive as 1271 stocks are advancing while 821 stocks are declining and the 80 stocks remain unchanged on BSE.

On the global market front, the Asian markets are trading mixed as the Shanghai Composite, Nikkei 225 and Straits Times index are trading higher by (0.26%), (1.63%) and (0.71%) respectively. However, the Seoul Composite index is trading lower by (0.94%).

Reliance Infra reported the top gainer from the BSE Sensex pack as it was trading higher by (3.44%) at Rs. 597.40 while Infosys Technologies the top loser down by (2.77%) at Rs.1,139.50.

The BSE Mid cap is higher by 36.86 points at 3,182.46 and the BSE small Cap advanced by 21.56 points to trade at 3,621.76.

At 12.35 pm, BSE Sensex was at 9,645.52 up by 76.80 points while the NSE Nifty was at 2,940.25 down by 23.40 points.

BSE Auto inclined by 24.28 points to 2,429.74. Leading to its gain are Tata Motors (2.72%), Maruti Suzuki (2.51%), Ashok Leyland (1.57%) and Bajaj Auto (0.28%).

BSE IT index declined by 25.69 points to trade at 2,211.45 as Infosys Technologies (2.45%), Tech Mahindra (2.23%), Wipro (1.46%) and Rolta Ind. (2.34%) are trading in negative.

BSE Metal index surged by 115.29 points to 5,206.61 as Jindal Steel (3.85%), JSW Steel (2.99%), Tata Steel (2.74%), SAIL (2.79%) and Hindalco Industries (1.68%) are trading in green.

BSE Bankex index is trading higher by 110.39 points at 5,482.26. Gainers are AXIS Bank (3.14%), HDFC Bank (2.62%), ICICI Bank (1.96%), PNB (1.24%) and SBI (1.15%).

BSE Oil & Gas index is trading 105.58 points higher at 6,122.49 as RPL (10.11%), RNRL (7.89%), Indian Oil (2.38%), Essar Oil (1.76%) and Reliance Industries (1.34%) are trading in positive.

BSE Capital goods index improved by 105.07 points to 6,906.11. The main gainers are Crompton Greaves (4.13%), Praj Industries (3.96%), BEML (3.10%), L&T (1.04%) and BHEL (0.18%).

BSE Power index is trading 25.01 points higher at 1,812.55. The main gainers are Suzlon Energy (3.26%), Reliance Power (2.21%), Torent Power (1.54%), Tata Power (0.57%) and GVK Power (0.47%).

BSE Realty index inclined by 59.18 points to 2,347.46. The major gainers are Ansal Infra (3.48%), Unitech (3.10%), Parsavnath (2.07%), HDIL (2.73%) and Parsavnath (2.07%).

Mid Sesion Market - Dec 24, 2008

The markets have lost further grounds and are trading in deep red as selling continued among the selective scrips. There is a liitle bit of volatility as well ahead of settlement of December F&O series today. The Realty, Auto, IT, FMCG, Metal and power stocks are out of favor today. However some buying witnessed among the banking stocks.

The oil marketing companies share are trading higher after Government issued oil bonds worth Rs. 22,000 crore to 3 PSU OMCs like BPCL, HPCL and IOC.

The BSE Sensex is now trading below the 9,600 mark and the NSE Nifty trading below the 2,950 mark.

The overall market breadth is negative as 652 stocks are advancing while 1404 stocks are declining and the 80 stocks remain unchanged on BSE.

On the global market front, the Asian markets are trading lower as the Hang Seng, Shanghai Composite, Nikkei 225 and Seoul Composite index are trading lower by (0.26%), (1.87%), (2.37%) and (1.38%) respectively.

Wipro reported the top gainer from the BSE Sensex pack as it was trading higher by (3.36%) at Rs. 251 while Satyam Computer the top loser down by (15.42%) at Rs.118.75.

The BSE Mid cap is lower by 33.18 points at 3,142.63 and the BSE small Cap slipped by 44.14 points to trade at 3,595.04.

At 12.35 pm, BSE Sensex was at 9,595.20 down by 91.55 points while the NSE Nifty was at 2,940 down by 28.65 points.

BSE Auto declined by 33.64 points to 2,430.37. Leading to its loss are Tata Motors (5.63%), Maruti Suzuki (2.70%), Ashok Leyland (2.69%) and Bajaj Auto (1.88%).

BSE IT index declined by 28.15 points to trade at 2,251.40 as Satyam Computer (15.21%), Mphasis (3.31%), Tech Mahindra (3.21%) and HCL Technologies (2.84%) are trading in negative.

BSE Metal index dropped by 64.42 points to 5,124 as Tata Steel (3.70%), SAIL (3.47%), Ispat Industries (3.38%), Jindal Saw (2.42%) and JSW Steel (2.26%) are trading in red.

BSE Bankex index is trading higher by 16.17 points at 5,301.26. Gainers are ICICI Bank (1.30%), Bank of Baroda (2.69%), Kotak Bank (1.01%), SBI (0.99%) and PNB (0.27%).

BSE Oil & Gas index is trading 62.77 points lower at 6,043.57 as RPL (4.39%), Essar Oil (3.06%), RNRL (1.98%), Reliance Industries (1.43%) and ONGC (0.91%) are trading in negative.

BSE Capital goods index slipped by 33.72 points to 6,834.31. The main losers are AIA Engineering (5.94%), Siemens (2.24%), ABB (2.80%), Gammon India (1.92%) and Praj Industries (1.73%).

BSE Power index is trading 22.53 points lower at 1,792.46. The main losers are GVK Power (6.18%), Power Grid (2.50%), NTPC (2.15%), Reliance Power (2.09%) and Torent Power (2.05%).

BSE Realty index declined by 125.13 points to 2,281.25. The major losers are Unitech (13%), Ansal Infra (5.49%), Omaxe Ltd. (4.58%), Parsavnath (3.99%) and DLF (3.91%).

Mid Session Market - Dec 23, 2008

The markets are now trading in deep red as strong selling pressure continued across the board. The sell off continues among the Banking, Consumer Durables, Metal, Capital Goods, Realty and Auto stocks. The Oil exploration firms stocks are trading under pressure after crude slipped below $40 a barrel mark amid signs the global economic downturn is further drying up fuel demand.

The BSE Sensex is now trading below the 9,700 mark and the NSE Nifty trading below the 3,000 mark.

The overall market breadth is negative as 609 stocks are advancing while 1501 stocks are declining and the 55 stocks remain unchanged on BSE.

On the global market front, the Asian markets are trading lower as the Hang Seng, Shanghai Composite, Straits Times and Seoul Composite index are trading lower by (3.08%), (2.79%), (1.10%) and (2.99%) respectively. However, the Japanese markets were closed for the Emperor''s Birthday holiday.

ACC reported the top gainer from the BSE Sensex pack as it was trading higher by (0.79%) at Rs. 491.75 while Jai Prakash Associate the top loser down by (9.15%) at Rs.79.40.

The BSE Mid cap is lower by 68.33 points at 3,191.46 and the BSE small Cap slipped by 76.94 points to trade at 3,658.01.

At 12.35 pm, BSE Sensex was at 9,694.83 down by 233.52 points and the NSE Nifty was at 2,970.60 down by 68.70 points.

BSE Auto declined by 51.91 points to 2,474.79. Leading to its loss are Tata Motors (5.90%), Mahindra & Mahindra (3.38%), Maruti Suzuki (3.33%) and Ashok Leyland (2.31%).

BSE IT index declined by 37.40 points to trade at 2,297.34 as HCL Technologies (6.64%), Satyam Computer (5.48%), TCS (1.77%) and Tech Mahindra (1.73%) are trading in negative.

BSE Metal index dropped by 120.51 points to 5,231.97 as Sterlite Industries (4.26%), Jindal Steel (3.79%), SAIL (3.34%), Tata Steel (3.44%) and Ispat Industries (3.01%) are trading in red.

BSE Bankex index is trading lower by 138.46 points at 5,353.32. Losers are Axis Bank (5.13%), IDBI Bank (4.80%), Kotak Bank (4.44%), PNB (3.81%) and ICICI Bank (3.15%).

BSE Oil & Gas index is trading 97.57 points lower at 6,151.63 as Gail India (3.36%), HPCL (3.04%), ONGC (2.85%), RPL (2.20%) and Reliance Industries (1.91%) are trading in negative.

BSE Capital goods index slipped by 195.87 points to 6,929.16. The main losers are Praj Industries (4.92%), L&T (4.19%), Punj Lloyd (3.21%) and BHEL (1.76%).

BSE Power index is trading 26.40 points lower at 1,823.32. The main losers are Suzlon Energy (3.80%), GVK Power (2.84%), Tata Power (1.85%), Torent Power (1.80%) and NTPC (1.35%).

BSE Realty index declined by 58.89 points to 2,469.75. The major losers are Ansal Infra (4.96%), HDIL (3.97%), India Bull Real (3.65%), Omaxe Ltd. (3.22%) and Mahindra Life (3.16%).

Mid Session Market - Dec 22, 2008

The markets are trading in a see saw range as volatility grips the markets. The BSE Mid Cap and the Small Cap index have outperformed the benchmark index today and are however trading with a gain of around 1% each. The significant buying is seen among the Realty, Consumer Durables, Metal, Auto and Capital Goods stocks. However the Pharma and FMCG stocks are feeling the selling pressure.

There will be a little bit of volatility in the near term ahead of F&O expiry on Wednesday (a day earlier due to Christmas holiday on Thursday).

India''s largest commercial bank SBI on Saturday, 20 December 2008, has slashed its lending rate by 75 basis points, with effect from 1 January 2009. The bank also cut its deposit rates by 25 to 100 basis points across maturities.

The BSE Sensex is now trading above the 10,100 mark and the NSE Nifty trading above the 3,050 mark.

The overall market breadth is positive as 1384 stocks are advancing while 782 stocks are declining and the 74 stocks remain unchanged on BSE.

On the global market front, the Asian markets are trading mixed as Nikkei 225 index is trading higher by (1.57%). However, the Hang Seng, Shanghai Composite, Straits Times and Seoul Composite index are trading lower by (1.68%), (1.43%), (0.82%) and (0.12%) respectively. The Asian stocks were mixed after Japan slashed interest rates to almost zero as central banks around the world are taking steps to downpour the markets with cheap money to support a troubled global economy. The Bank of Japan lowered its key rate from 0.3 percent to 0.1 percent.

However, Japan''s Nikkei 225 average rose after the government unveiled a $54 billion stimulus package for the economy.

Tata Motors reported the top gainer from the BSE Sensex pack as it was trading higher by (4.49%) at Rs. 187.35 while HDFC the top loser down by (3.01%) at Rs.1,475.

The BSE Mid cap is higher by 45.08 points at 3,309.07 and the BSE small Cap advanced by 34.87 points to trade at 3,778.89.

At 12.35 pm, BSE Sensex was at 10,104.96 up by 5.05 points while the NSE Nifty was at 3,086.45 up by 8.95 points.

BSE Auto inclined by 7.59 points to 2,569.22. Leading to its gain are Tata Motors (4.02%), Bajaj Auto (0.89%) and Mahindra & Mahindra (0.25%). However, Hero Honda (1.59%), Ashok Leyland (1.02%) and Maruti Suzuki (0.55%) are trading lower.

BSE IT index declined marginally by 0.94 points to trade at 2,346.03 as HCL Technologies (4.70%), Wipro (0.48%) and TCS (0.43%) are trading in negative. While Tech Mahindra (3.24%), Mphasis (2.99%) and Satyam Computer (1.97%) are trading in positive.

BSE Metal index advanced by 46.43 points to 5,481.28 as JSW Steel (4.25%), Sesa Goa (3.50%), Ispat Industries (2.83%), Tata Steel (1.38%) and NALCO (1.91%) are trading in green.

BSE Bankex index is trading lower by 13.42 points at 5,617.80. Losers are ICICI Bank (2.64%), Kotak Bank (1.57%) and HDFC Bank (0.42%). However, the gainers are PNB (1.77%), IDBI Bank (1%) and SBI (0.96%).

BSE Oil & Gas index is trading 17.71 points lower at 6,426.10 as BPCL (4.97%), HPCL (3.89%), Indian Oil (2.87%) and Reliance Industries (0.91%) are trading in negative.

BSE Capital goods index advanced by 22.70 points to 7,218.98. The main gainers are Gammon India (7.05%), L&T (1.02%), Punj Lloyd (1.95%) and Praj Industries (1.01%).

BSE Power index is trading 5.58 points lower at 1,858.09. The main losers are Crompton Greaves (1.17%), NTPC (0.74%) and Power Grid (0.60%). However, Suzlon Energy (3.95%), GVK Power (3.46%) and Torent Power (1.20%) are the main ganers.

BSE Realty index surged by 76.82 points to 2,602.16. The major gainers are Unitech (9.49%), Parsavnath (4.39%), DLF (4.38%), Sobha Developers (2.99%), Ansal Infra (2.24%).

Mid Session Market - Dec 19, 2008

The markets are facing a little bit of volatility and are swinging in between the positive and negative territory. The Realty, Consumer Durables, Auto, FMCG, Pharma and Capital Goods stocks are on the buyer’s ride today. However, the IT, Oil & gas and Banking stocks are under pressure today. The BSE Mid Cap and the Small Cap index are however trading with a gain of around 1% each.

The BSE Sensex is now trading around the 10,050 mark and the NSE Nifty trading above the 3,050 mark.

The overall market breadth is positive as 1347 stocks are advancing while 836 stocks are declining and the 89 stocks remain unchanged on BSE.

On the global market front, the Asian markets are trading mixed as Shanghai Composite, Straits Times and Seoul Composite index are trading higher by (0.80%), (0.37%%) and (0.43%) respectively. However, the Nikkei and Hang Seng index are trading lower by (0.91%) and (1.07%) respectively. The Asian stocks were mixed after Japan slashed interest rates to almost zero as central banks around the world are taking steps to downpour the markets with cheap money to support a troubled global economy. The Bank of Japan lowered its key rate from 0.3 percent to 0.1 percent.

Mahindra & Mahindra reported the top gainer from the BSE Sensex pack as it was trading higher by (7.25%) at Rs. 330.50 while ONGC the top loser down by (3.51%) at Rs. 707.15.

The BSE Mid cap is higher by 38.06 points at 3,242.62 and the BSE small Cap advanced by 26.18 points to trade at 3,738.13.

At 12.35 pm, BSE Sensex was at 10,056.65 down by 19.78 points while the NSE Nifty was at 3,067.40 up by 6.65 points.

BSE Auto inclined by 52.12 points to 2,568.61. Leading to its gain are Mahindra & Mahindra (5.83%), Tata Motors (3.69%), Maruti Suzuki (4.76%) and Hero Honda (0.46%).

BSE IT index declined by 20.28 points to trade at 2,324.78 as Mphasis (3.21%), Satyam Computer (3.04%), TCS (0.91%), Infosys Technologies (0.88%) and Patni Computer (0.64%) are trading in negative.

BSE Metal index advanced by 41.63 points at 5,469.82 as Tata Steel (2.88%), JSW Steel (2.70%), Ispat Industries (2.43%), SAIL (1.94%) and Sterlite Industries (1.81%) are trading in green.

BSE Bankex index is trading higher by 15.33 points at 5,635.37. Gainers are IDBI Bank (2.52%), PNB (1.94%), AXIS Bank (1.62%), and Bank of Baroda (0.76%).

BSE Oil & Gas index is trading 66.44 points lower at 6,418.16 as ONGC (3.39%), Cairn India (3.51%), Aban Offshore (0.87%), and Reliance Industries (0.46%) are trading in negative.

BSE Capital goods index advanced by 39.66 points to 7,179.86. The main gainers are Gammon India (10.33%), SKF (3.70%), Punj Lloyd (2.70%) and ABB (1.46%).

BSE Power index is trading 6.51 points higher at 1,851.51. The main gainers are GVK Power (6.54%), Tata Power (2.77%), Power Grid (1.88%), Suzlon Energy (1.79%),and Torent Power (0.87%).

BSE Realty index surged by 118.58 points to 2,402.57. The major gainers are Unitech (11.42%), India Bull Real (8.39%), Ansal Infra (5.37%), HDIL (5.31%) and DLF (5.14%).

Mid Sesion Market - Dec 18, 2008

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%).

Mid Session Market - Dec 17, 2008

The markets managed to recover a bit from the lows but are trading cautiously with a little bit of volatility. The buying momentum is seen among the Consumer Durables, Banking, Auto stocks. The Auto and Banking stocks got a boost by a steep interest rate cut by the Federal Reserve. However, the Realty, IT, Oil & Gas and Pharma are reeling under pressure. The BSE Mid Cap and the Small Cap index today are however trading with marginal gains. The BSE Sensex is now trading above the 9,900 mark and the NSE Nifty trading above the 3,000 mark.

The overall market breadth is positive as 1351 stocks are advancing while 854 stocks are declining 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 (1.38%), (0.71%), (0.56%) and (0.52%) respectively.

ICICI Bank reported the top gainer from the BSE Sensex pack as it was trading higher by (4.85%) at Rs. 442 while Satyam Computer the top loser down by (27.48%) at Rs. 164.25.

The BSE Mid cap is higher by 24.77 points at 3,268.98 and the BSE small Cap advanced by 37.08 points to trade at 3,813.73.

At 12.35 pm, BSE Sensex was at 9,985.77 up by 8.79 points while the NSE Nifty was at 3,042.80 up by 1.05 points.

BSE Auto inclined by 47.44 points to 2,509.13. Leading to its gain are Ashok Leyland (7.38%), Mahindra & Mahindra (4.03%), Tata Motors (2.76%) and Bajaj Auto (3.03%).

BSE IT index declined by 34.51 points to trade at 2,306.07 as Satyam Computer (27.46%), NIIT Ltd. (2.21%) and Rolta Ind (1.85%) are trading in negative while Tech Mahindra (4.75%), Infosys Technologies (4.28%) and Wipro (3.51%)are trading higher.

BSE Metal index slipped by 24.70 points at 5,541.37 as SAIL (4.02%), NALCO (1.34%), Sesa Goa (1.15%), Hindalco Industries (0.71%), Jindal Saw (0.51%) are trading in red.

BSE Bankex index is trading higher by 69.59 points at 5,326.97. Gainers are ICICI Bank (4.73%), AXIS Bank (1.65%), HDFC Bank (1.63%), SBI (0.80%) and PNB (0.31%).

BSE Oil & Gas index is trading 100.89 points lower at 6,543.30 as RNRL (5.57%), Gail India (4.37%), RPL (1.44%), Essar Oil (1.19%) and Cairn India (0.15%) are trading in negative.

BSE Capital goods index dropped by 62.48 points to 7,047.40. The main losers are Gammon India (3.41%), Jyothi Structures (3.67%), L&T (1.15%) and Praj Industries (0.22%).

BSE Power index is trading 12.72 points lower at 1,811.89. The main losers are Reliance Infra (7.16%), GVK Power (5.42%), Tata Power (0.29%), Power Grid (0.65%) and NTPC (0.06%).

BSE Realty index fell 44.04 points to 2,254.35. The major losers are Penland (2.88%), India Bull Real (1.76%), DLF (2.22%) and Mahindra Life (0.59%).

Mid Session Market - Dec 16, 2008

The markets have made sharp recovery from the day’s lows and are trading significantly higher. The Consumer Durables, IT, Pharma, Capital Goods, Power and Banking stocks are on the buyer’s ride today. The BSE Mid Cap and the Small Cap index today has outperformed the benchmark index. The BSE Sensex is now trading above the 9,850 mark and the NSE Nifty trading above the 3,000 mark.

The overall market breadth is positive as 1655 stocks are advancing while 461stocks are declining on BSE.

On the global market front, the Asian markets have also recover from their losses as the Hang Seng and Seoul Composite index are trading higher by (0.35%) and (0.29%) respectively. However, the Shanghai Composite and Nikkei 225 index are trading lower by (0.86%) and (1.12%) respectively.

ONGC reported the top gainer from the BSE Sensex pack as it was trading higher by (4.86%) at Rs. 705.60 while Sterlite Industries the top loser down by (5.19%) at Rs. 291.75.

The BSE Mid cap is higher by 69.62 points at 3,234.69 and the BSE small Cap advanced by 111.09 points to trade at 3,770.18.

At 12.35 pm, BSE Sensex was at 9,887.80 up by 55.41 points while the NSE Nifty was at 3,007.20 up by 26 points.

BSE Auto inclined by 15.25 points to 2,438.77. Leading to its gain are Ashok Leyland (7.13%), Tata Motors (3.10%), Bajaj Auto (1.27%) and Hero Honda (1.19%).

BSE IT index inclined by 62.35 points to trade at 2,348.55 as HCL Technologies (13.82%), Tech Mahindra (6%), TCS (2.64%), Infosys Technologies (2.53%) and Wipro (1.90%) are trading in positive.

BSE Metal index advanced by 79.39 points at 5,617.86 as NMDC (13.69%), Ispat Industries (2.37%), Jindal Saw (2.71%), JSW Steel (2.14%) and Sesa Goa (2.33%) are trading in green.

BSE Bankex index is trading higher by 49.89 points at 5,189.82. Gainers are IDBI Bank (3.56%), AXIS Bank (3.41%), Kotak Bank (2.12%), SBI (2.06%), ICICI Bank (1.95%), PNB (1.70%).

BSE Oil & Gas index is trading 79.93 points higher at 6,424.87 as ONGC (5.22%), Cairn India (2.70%), Aban Offshore (2.33%), Essar Oil (1.82%) and RPL (0.94%) are trading in positive.

BSE Capital goods index surged by 144.73 points to 7,189.21. The main gainers are Punj Lloyd (7.06%), Havells India (6.48%), Praj Industries (4.99%), and Siemens (4.36%).

BSE Power index is trading 31.45 points higher at 1,819.10. The main gainers are Suzlon Energy (6.16%), Torent Power (2.56%), NTPC (2.23%), Reliance Power (1.96%) and Tata Power (1.56%).

BSE Realty index grew by 15.72 points to 2,261.59. The major gainers are Ansal Infra (4.57%), HDIL (3.89%), Sobha Developers (3.87%) and Omaxe Ltd. (3.05%).

Mid Session Market - Dec 15, 2008

The markets are still trading higher as strong buying momentum continued across the board. The markets are reacting positively ahead of the second stimulus package by the government. The BSE Mid Cap and the Small Cap index today has outperformed the benchmark index and are trading witje a gain of around 3% each. The significant buying is seen among the Metal, Realty, Auto, Banking and Capital Goods stocks.

The BSE Sensex is now trading above the 9,800 mark and the NSE Nifty trading above the 2,950 mark.

The overall market breadth is positive as 1763 stocks are advancing while 432 stocks are declining and the 65 stocks remained unchanged on BSE.

On the global market front, the Asian markets are trading higher as Hang Seng, Nikkei, Shanghai Composite, Straits Times and Seoul Composite index are trading higher by (3.59%), (5.21%), (0.19%), (2.54%) and (4.93%) respectively.

Hindalco Industries reported the top gainer from the BSE Sensex pack as it was trading higher by (8.88%) at Rs. 57.60 while HDFC the top loser down by (2.17%) at Rs. 1600.20.

The BSE Mid cap is higher by 95.35 points at 3,145.83 and the BSE small Cap advanced by 104.78 points to trade at 3,635.74.

At 12.31 pm, BSE Sensex was at 9,820.23 up by 130.16 points while the NSE Nifty was at 2,975.35 up by 54 points.

BSE Auto inclined by 73.02 points to 2,450.31. Leading to its gain are Ashok Leyland (7.85%), Mahindra & Mahindra (5.80%), Tata Motors (2.79%) and Bajaj Auto (2.48%).

BSE IT index inclined by 48.15 points to trade at 2,339.48 as Mphasis (4.23%), TCS (2.24%), Satyam Computer (2.11%), Wipro (1.80%) and HCL Technologies (1.73%) are trading in positive.

BSE Metal index surged by 335.23 points at 5,600.36 as JSW Steel (7.61%), Nalco (6.15%), Sterlite Industries (5.95%), SAIL (5.42%) and Tata Steel (5.30%) are trading in green.

BSE Bankex index is trading higher by 181.41 points at 5,244.66. Gainers are Kotak Bank (4.58%), ICICI Bank (3.93%), HDFC Bank (2.60%), AXIS Bank (2.99%), PNB (1.90%), SBI (1.68%).

BSE Oil & Gas index is trading 157.11 points higher at 6,302.46 as Cairn India (9.11%), Aban Offshore (6.41%), Essar Oil (4.36%), Gail India (4.07%) and ONGC (4.01%) are trading in positive.

BSE Capital goods index advanced by 204.36 points to 7,031.90. The main gainers are Gammon India (11%), Punj Lloyd (4.73%), Praj Industries (4.26%), Siemens (5.98%) and ABB (2.62%).

BSE Power index is trading 46.07 points higher at 1,804.40. The main gainers are Suzlon Energy (5.56%), Torent Power (5.13%), Reliance Power (3.04%), Power Grid (1.70%) and NTPC (1.64%).

BSE Realty index grew by 128.36 points to 2,256.54. The major gainers are HDIL (10.50%), Unitech (9.48%), Ansal Infra (9.41%) and Sobha Developers (5.96%).

Mid Session Market - Dec 12, 2008

strong selling pressure continued across the board mainly led by the IT, Metal, Realty, Capital Goods, Banking and Power stocks. The BSE Mid Cap and the BSE Small Cap are however trading flat. The news of failure of US auto bailout by the US senate has added to the negative sentiments today. Further, much eyed on the IIP number for the month of October fell for the first time in many years by 0.4% in October, due to the softened by manufacturing sector. Manufacturing sector, which accounts for 80% of the index, declined 1.2 per cent from 13.8 per cent in the year-ago period. The Index for Industrial Production numbers for the seven-month period ended October was 4.1 per cent against 9.9 per cent a year ago.

The BSE Sensex is now trading around the 9,300 mark and the NSE Nifty trading around the 2,800 mark.

The overall market breadth is negative as 1018 stocks are advancing while 1042 stocks are declining and the 67 stocks remained unchanged on BSE.

On the global market front, the Asian markets are trading lower as Hang Seng, Nikkei, Shanghai Composite and Seoul Composite index are trading lower by (5.92%), (5.56%), (3.97%) and (4.38%) respectively.

Tata Power reported the top gainer from the BSE Sensex pack as it was trading higher by (0.27%) at Rs. 733 while Wipro the top loser down by (6.80%) at Rs. 233.

The BSE Mid cap is lower by 0.78 points at 3,002.30 while the BSE small Cap advanced by 14.58 points to trade at 3,458.17.

At 12.31 pm, BSE Sensex was at 9,388.20 down by 257.26 points while the NSE Nifty was at 2,839.70 down by 80.45 points.

BSE Auto declined by 42.36 points to 2,335.25. Leading to its fall are Tata Motors (5.01%), Maruti Suzuki (3.39%), Ashok Leyland (3.29%) and Mahindra & Mahindra (3.02%).

BSE IT index declined by 99.52 points to trade at 2,259.68 as Wipro (6.60%), HCL Technologies (6.19%), Infosys Technologies (4.32%), TCS (5.35%) and Satyam Computer (3.86%) are trading in negative.

BSE Metal index dropped by 158.89 points at 5,094.22 as JSW Steel (7.61%), Nalco (6.15%), Sterlite Industries (5.95%), SAIL (5.42%) and Tata Steel (5.30%) are trading in red.

BSE Bankex index is trading lower by 147.28 points at 4,856.02. Losers are Kotak Bank (5.84%), ICICI Bank (5.08%), SBI (3.69%), AXIS Bank (2.97%) and HDFC Bank (2.39%).

BSE Oil & Gas index is trading 64.61 points lower at 5,940.38 as Aban Offshore (3.71%), ONGC (3.44%), and RPL (2.98%) are trading in negative. However, HPCL (5.11), Cairn India (3.52%) and Essar Oil (1.86%) are trading in positive.

BSE Capital goods index slipped by 183.32 points to 6,626.95. The main losers are ABB (5.95%), Punj Lloyd (6.50%), Siemens (3.88%), L&T (3.70%) and BHEL (2.99%).

BSE Power index is trading 39.93 points lower at 1,715.91. The main losers are ABB (5.98%), Power Grid (4.68%), Suzlon Energy (3.20%), GVK Power (2.96%) and Torent Power (1.61%).

BSE Realty index fell by 60.50 points to 1,987.08. The major losers are India Bull Real (6.84%), Unitech (6.78%), HDIL (3.89%) and Omaxe Ltd. (3.54%).

Mid Session Market - Dec 11, 2008

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%).

Mid Session Market - Dec 10, 2008

The markets are now trading strongly and have gained further grounds as sustained buying continued across the board. Further the positive Asian markets also added to the domestic sentiments. The Realty, Metal, Oil & Gas, IT, Capital Goods, Power and Banking stocks are on the buyer’s ride today. The BSE Mid Cap and the BSE Small Cap index are also trading higher with a gain of around 1% each.

The BSE Sensex is now trading above the 9,400 mark and the NSE Nifty trading above the 2,800 mark.

The overall market breadth is positive as 1248 stocks are advancing while 819 stocks are declining and the 94 stocks remained unchanged on BSE.

On the global market front, the Asian markets are trading higher as Hang Seng, Seoul Composite, Nikkei and Shanghai Composite index are trading higher by (3.96%), (3.62%), (3.15%) and (1.20%) respectively.

DLF reported the top gainer from the BSE Sensex pack as it was trading higher by (10.32%) at Rs. 243.65 while Mahindra & Mahindra the top loser down by (1.45%) at Rs. 149.80.

The BSE Mid cap is higher by 25.57 points at 2,910.60 and the BSE small Cap advanced by 25.54 points to trade at 3,368.74.

At 12.31 pm, BSE Sensex was at 9,440.30 up by 277.68 points while the NSE Nifty was at 2,878.65 up by 94.65 points.

BSE Auto inclined marginally by 9.33 points to 2,289.81. Leading to its gain are Hero Honda (1.59%), Mahindra & Mahindra (0.66%), Maruti Suzuki (0.18%) and MRF (1.49%).

BSE IT index inclined by 56.50 points to trade at 2,442.48 as Wipro (6.06%), Satyam Computer (3.96%), TCS (2.85%), Infosys Technologies (1.82%) and HCL Technologies (1.63%) are trading in positive.

BSE Metal index surged by 264.84 points at 5,043.06 as SAIL (9.96%), Sterlite Industries (8.98%), NALCO (7.68%), JSW Steel (7.15%) and Sesa Goa (5.50%) are trading in green.

BSE Bankex index is trading higher by 70.12 points at 4,857.97. Gainers are ICICI Bank (3.57%), HDFC Bank (2.67%), IDBI Bank (1.19%), PNB (0.84%) and SBI (0.67%).

BSE Oil & Gas index is trading 230.17 points higher at 5,751.76 as Gail India (6.79%), ONGC (5.40%), Essar Oil (3.44%), BPCL (3.02%) and Cairn India (2.73%) are trading in positive.

BSE Capital goods index advanced by 137.68 points to 6,667.07. The main gainers are L&T (2.88%), Gammon India (3.13%), Punj Lloyd (3.12%), Praj Industries (2.15%) and Havells India (2.62%).

BSE Power index is trading 33.32 points higher at 1,727.73. The main gainers are Suzlon Energy (7.25%), Reliance Power (2.55%), Tata Power (2.17%), NTPC (2.46%) and GVK Power (1.90%).

BSE Realty index improved by 111.59 points to 1,892.96. The major gainers are DLF (10.10%), HDIL (6.94%), India Bull Real (6.38%) and Unitech (3.81%).

Mid Session Market - Dec 08, 2008

The markets after a strong opening faced a little bit of volatility and slipped from the opening gains. But now the gripped some gains and are trading higher as strong buying continued across the board. The Realty, Power, Banking, Metal, Capital Goods and Oil & Gas are on the buyer’s ride today. The BSE Mid Cap and the BSE Small Cap index are also trading higher with a gain of around 1% each.

The BSE Sensex is now trading near the 9,300 mark and the NSE Nifty trading above the 2,800 mark.

The overall market breadth is positive as 1370 stocks are advancing while 742 stocks are declining and the 61 stocks remained unchanged on BSE.

On the global market front, the Asian markets are trading higher as Hang Seng, Seoul Composite, Nikkei and Shanghai Composite index are trading higher by (6.89%), (7.48%), (5.20%) and (2.05%) respectively.

Reliance Infra reported the top gainer from the BSE Sensex pack as it was trading higher by (6.60%) at Rs. 567.60 while Maruti Suzuki the top loser down by (0.84%) at Rs. 486.20.

The BSE Mid cap is higher by 20.57 points at 2,913.52 and the BSE small Cap advanced by 36.62 points to trade at 3,360.16.

At 12.31 pm, BSE Sensex was at 9,280.95 up by 315.75 points while the NSE Nifty was at 2,811.50 up by 98.10 points.

BSE Auto inclined by 44.44 points to 2,292.76. Leading to its gain are Hero Honda (4.46%), Bajaj Auto (4%), Mahindra & Mahindra (2.50%) and Tata Motors (1.89%).

BSE IT index inclined by 31.85 points to trade at 2,389.21 as Wipro (2.66%), TCS (1.88%), HCL Technologies (1.82%), Infosys Technologies (1.11%) and Tech Mahindra (0.79%) are trading in positive.

BSE Metal index surged by 155.52 points at 4,795.42 as NMDC (6.71%), Tata Steel (5.14%), JSW Steel (4.65%), Jindal Steel (4.42%) and NALCO (3.42%) are trading in green.

BSE Bankex index is trading higher by 162.10 points at 4,869.55. Gainers are HDFC Bank (6.23%), ICICI Bank (5.08%), SBI (3.04%), PNB (2.23%) and AXIS Bank (2.69%).

BSE Oil & Gas index is trading 117.77 points higher at 5,613.10 as Gail India (3.97%), RNRL (3.59%), Cairn India (2.94%), ONGC (2.55%) and RPL (2.55%) are trading in positive.

BSE Capital Goods index advanced by 186.11 points to 6,594.88. The main gainers are Bharat Electrical (5.09%), Havells India (3.13%), Gammon India (4.14%), L&T (3.73%) and ABB (3.95%).

BSE Power index is trading 48.22 points higher at 1,696.81. The main gainers are Suzlon Energy (8.02%), Tata Power (5.55%), Reliance Power (3.86%), GVK power (3.52%) and NTPC (3.94%).

BSE Realty index improved by 83.98 points to 1,776.17. The major gainers are Unitech (8.12%), HDIL (6.58%), DLF (6.10%) and Ansal Infra (5.76%).

Mid Session Market - Dec 05, 2008

The markets after shedding all of its early gains now slipped below to trade in the negative territory. The huge selling pressure witnessed among the selective scrips mainly led by the IT, Metal, Consumer Durables, Oil & Gas, Power and Banking stocks. However, some bit of buying witnessed among the auto stocks. The BSE Mid Cap and the BSE Small Cap index are however trading flat.

The BSE Sensex is now trading around the 9,000 mark and the NSE Nifty trading above the 2,700 mark.

The overall market breadth is positive as 889 stocks are advancing while 834 stocks are declining and the 72 stocks remained unchanged on BSE.

On the global market front, the Asian markets are trading mixed as Hang Seng, Straits Times and Seoul Composite index are trading higher by (2.07%), (1.39%) and (2.14%) respectively. However, the Shanghai Composite, Nikkei and KLSE Composite index are trading lower by (0.51%), (0.08%) and (0.08%) respectively.

Tata Motors reported the top gainer from the BSE Sensex pack as it was trading higher by (2.45%) at Rs. 154.60 while Infosys Technologies the top loser down by (4.78%) at Rs. 1,137.65.

The BSE Mid cap is lower by 7.60 points at 2,915.20 while the BSE small Cap advanced by 3.40 points to trade at 3,335.20.

At 12.31 pm, BSE Sensex was at 9,048.81 down by 180.94 points while the NSE Nifty was at 2,739.60 down by 48.40 points.

BSE Auto inclined by 20.06 points to 2,263.17. Leading to its gain are Tata Motors (2.25%), Hero Honda (1.58%), Bajaj Auto (0.98%) and Ashok Leyland (0.72%).

BSE IT index declined by 98.70 points to trade at 2,366.04 as Infosys Technologies (4.83%), TCS (4.05%), Satyam Computer (3.89%), Wipro (2.80%) and Mphasis (2.35%) are trading in negative.

BSE Metal index dropped by 68.44 points at 4,735.47 as Hindalco Industries (4.11%), Jindal Saw (4.01%), Tata Steel (3.09%), SAIL (3.19%) and Sterlite Industries (2.39%) are trading in red.

BSE Bankex index is trading marginally lower by 0.59 points at 4,802.78. Losers are ICICI Bank (2.46%), Bank of India (1.74%), AXIS Bank (1.55%), IDBI Bank (1.34%), SBI (1.09%) and PNB (0.94%).

BSE Oil & Gas index is trading 76.59 points lower at 5,606.09 as HPCL (4.92%), BPCL (3.80%), Indian Oil (3.71%), RNRL (1.83%) and Cairn India (1.54%) are trading in negative.

BSE Capital goods index slipped by 66.61 points to 6,440.37. The main losers are Praj Industries (6.02%), L&T (2.09%), Punj Lloyd (1.51%), BHEL (1.31%) and ABB (0.57%).

BSE Power index is trading 12.48 points lower at 1,663.95. The main losers are GVK Power (1.06%), Reliance Power (0.97%), Tata Power (0.68%), Power Grid (0.51%) and Torent Power (0.28%).

BSE Realty index declined by 9.36 points to 1,744.39. The major losers are India Bull Real (1.55%), Omaxe Ltd. (1.17%), DLF (1.08%) and Penland (0.55%).

Mid Session Market - Dec 04, 2008

The markets have made a sudden U turn from the day’s low and are trading significantly higher as strong buying witnessed among the selective scrips. The Realty, Capital Goods, Banking, Power, Oil & Gas, FMCG and Metal stocks are on the buyer’s ride today. However, the Consumer Durables and the Pharma stocks are trading lower. The BSE Mid Cap and the BSE Small Cap index are also trading higher with a gain of more than 1% each. The Realty stocks got a boost on reprts that the government may provide an additional budgetary support for infrastructure sector of around Rs 15,000 crore.

The BSE Sensex is now trading above the 8,900 mark and the NSE Nifty trading above the 2,700 mark.

The overall market breadth is positive as 1158 stocks are advancing while 616 stocks are declining and the 64 stocks remained unchanged on BSE.

On the global market front, the Asian markets are trading mixed as Shanghai Composite, Straits Times and KLSE Composite index are trading higher by (2.98%), (1.11%) and (0.21%) respectively. However, the Hang Seng and Seoul Composite index are trading lower by (0.09%) and (1.58%).

Tata Motors reported the top gainer from the BSE Sensex pack as it was trading higher by (5.71%) at Rs. 140.80 while Hindalco Industries the top loser down by (2.84%) at Rs. 49.55.

The BSE Mid cap is higher by 33.28 points at 2,863.87 and the BSE small Cap advanced by 33.54 points to trade at 3,298.64.

At 12.31 pm, BSE Sensex was at 8,950.81 up by 203.38 points while the NSE Nifty was at 2,716.85 up by 60.40 points.

BSE IT index inclined by 35.55 points to trade at 2,435.64 as Tech Mahindra (2.75%), TCS (2.15%), Patni Computer (1.86%), Wipro (1.68%) and Infosys Technologies (0.98%) are trading in positive.

BSE Metal index increased by 43.67 points at 4,494.71 as JSW Steel (6.13%), NMDC (3.34%), Sesa Goa (2.82%), Tata Steel (2.31%) and Ispat Industries (1.29%) are trading in green.

BSE Bankex index is trading higher by 131.96 points at 4,678.97. Gainers are SBI (4.20%), ICICI Bank (3.82%), AXIS Bank (3.49%), PNB (3.02%), Kotak Bank (2.60%) and IDBI Bank (2.29%).

BSE Oil & Gas index is trading 69.90 points higher at 5,437.81 as Aban Offshore (1.94%), Indian Oil (1.87%), HPCL (1.73%), Essar Oil (1.60%) and BPCL (1.42%) are trading in positive.

BSE Capital goods index surged by 203.35 points to 6,289.93. The main gainers are BHEL (4.43%), Havells India (4.03%), L&T (3.02%), Punj Lloyd (3.22%) and Praj Industries (2%).

BSE Power index is trading 44.85 points higher at 1,630.90. The main gainers are Suzlon Energy (6.65%), Tata Power (2.53%), NTPC (1.64%), Torent Power (1.44%) and GVK Power (1.71%).

BSE Realty index advanced by 53.97 points to 1,613.66. The major gainers are HDIL (7.25%), Parsavnath (4.93%), India Bull Real (3.15%), Unitech (3.05%) and Sobha Developers (2.97%).

BSE Auto inclined by 21.59 points to 2,194.70. Leading to its gain are Tata Motors (5.97%), Bajaj Auto (3.26%), Ashok Leyland (2.46%) and Mahindra & Mahindra (1.13%).

Mid Session Market - Dec 03, 2008

The markets are now trading higher with a little bit of volatility. The market though tries to gain some momentum but some profit booking is seen at higher levels. The buying is seen among the Metal, Realty, Banking and Capital Goods tocks. However, IT, FMCG and Oil & Gas stocks are trading marginally lower. The BSE Mid Cap and the BSE Small Cap index are also trading higher with a gain of around 1% each.The BSE Sensex is now trading near the 8,800 mark and the NSE Nifty trading above the 2,650 mark. The overall market breadth is positive as 1054 stocks are advancing while 722 stocks are declining and the 61 stocks remained unchanged on BSE.

On the global market front, the Asian markets are trading mixed as Hang Seng, Nikkei, Shanghai Composite and Straits Times index are trading higher by (2.20%), (1.79%), (3.37%) and (0.91%) respectively. However, the KLSE Composite and Seoul Composite index are trading lower by (0.32%) and (0.05%).

Tata Steel reported the top gainer from the BSE Sensex pack as it was trading higher by (8.07%) at Rs. 160.65 while Wipro the top loser down by (1.87%) at Rs. 228.50.

The BSE Mid cap is higher by 38.15 points at 2,843.48 and the BSE small Cap advanced by 21.83 points to trade at 3,274.24.

At 12.31 pm, BSE Sensex was at 8,787.48 up by 48.24 points while the NSE Nifty was at 2,669.70 up by 11.90 points.

BSE IT index declined by 40.11 points to trade at 2,436.17 as HCL Technologies (4.99%), Wipro (2.19%), Infosys Technologies (2.13%), Satyam Computer (1.52%) and Patni Computer (1.29%) are trading in negative.

BSE Metal index surged by 154.56 points at 4,459.46 as NMDC (12.12%), Jindal Steel (6.56%), Tata Steel (7.43%), JSW Steel (4.98%) and Ispat Industries (3.96%) are trading in green.

BSE Bankex index is trading higher by 70.31 points at 4,506.58. Gainers are SBI (2.75%), PNB (2.60%), IDBI Bank (3.25%), ICICI Bank (2.39%) and AXIS Bank (1.52%).

BSE Oil & Gas index is trading 32.96 points lower at 5,364.91 as ONGC (1.81%), HPCL (0.38%), Cairn India (0.30%) and Reliance (0.26%) are trading in negative.

BSE Capital goods index advanced by 57.90 points to 6,079.39. The main gainers are Bharat Electrical (4.25%), Punj Lloyd (2.57%), L&T (1.56%), Praj Industries (1.37%) and Siemens (1.04%).

BSE Power index is trading 4.36 points higher at 1,581.99. The main gainers are Suzlon Energy (4.61%), GVK Power (2.61%), Reliance Power (0.76%), Torent Power (0.95%) and Power Grid (0.34%).

BSE Realty index improved by 27.96 points to 1,537.23. The major gainers are Parsavnath (6.08%), Omaxe (5.19%), HDIL (4.48%), Unitech (2.91%) and DLF (2.66%).

BSE Auto inclined marginally by 1.33 points to 2,156.08. Leading to its gain are Maruti Suzuki (2.31%), Tata Motors (1.75%), Bajaj Auto (0.83%) and Ashok Leyland (0.45%).

Mid Session Market - Dec 02, 2008

The markets are still trading lower as selling pressure continued across the board. The weak sentiments across the globe have added to the negative sentiments today. The Metal, Auto, IT, Realty, Oil & Gas and Banking stocks have weighed on the selling pressure today. The BSE Mid Cap and the BSE Small Cap index are also trading lower with a loss of around 2% each.

The BSE Sensex is now trading around the 8,600 mark and the NSE Nifty hovering around the 2,600 mark.

The overall market breadth is negative as 416 stocks are advancing while 1311 stocks are declining and the 61 stocks remained unchanged on BSE.

On the global market front, the Asian Markets are trading lower as Hang Seng, Nikkei, Straits Times and Shanghai Composite index are trading lower by (4.77%), (6.35%), (2.09%) and (0.39%) respectively. The Japanese markets plunged the most today on reports that the Bank of Japan board has voted unanimously to keep policy rate steady.

HUL reported the top gainer from the BSE Sensex pack as it was trading higher by (0.24%) at Rs. 233 while Mahindra & Mahindra the top loser down by (8.10%) at Rs. 250.10.

The BSE Mid cap is lower by 66.43 points at 2,780.04 and the BSE small Cap slipped by 64.41 points to trade at 3,233.32.

At 12.31 pm, BSE Sensex was at 8,608.66 down by 231.21 points while the NSE Nifty was at 2,611.40 down by 71.50 points.

BSE IT index declined by 92.29 points to trade at 2,441.40 as HCL Technologies (7.62%), Wipro (4.11%), TCS (4.03%), Satyam Computer (3.75%) and Patni Computer (3.55%) are trading in negative.

BSE Metal index dropped by 201.46 points at 4,150.41 as Sterlite Industries (8.09%), Jindal Saw (5.28%), NMDC (5.20%) and Sesa Goa (5.10%) are trading in red.

BSE Bankex index is trading lower by 181 points at 4,284.82. Losers are HDFC Bank (4.93%), SBI (4.68%), Bank of India (4.03%), AXIS Bank (3.50%) and Kotak Bank (3.02%).

BSE Oil & Gas index is trading 199.35 points lower at 5,334.02 as Cairn India (5.77%), Essar Oil (4.48%), ONGC (3.85%), RNRL (1.62%) and BPCL (0.81%) are trading in negative.

BSE Capital goods index dropped by 217.19 points to 5,928.22. The main losers are Gammon India (5.63%), Punj Lloyd (4.84%), Praj Industries (4.29%), BHEL (2.74%) and L&T (2.88%).

BSE Power index is trading 41.38 points lower at 1,528.68. The main losers are Suzlon Energy (3.93%), Power Grid (2.93%), Reliance Power (2.76%), GVK Power (2.79%) and Torent Power (1.96%).

BSE Realty index slipped by 59.22 points to 1,418.43. The major losers are Ansal Infra (7.10%), Omaxe Ltd. (5.88%), Parsavnath (4.89%), DLF (4.59%) and Sobha Developers (3.43%).

BSE Auto declined by 80.70 points to 2,141.63. Leading to its fall are Mahindra & Mahindra (7.92%), Maruti Suzuki (7.13%), Ashok Leyland (3.05%) and Tata Motors (2.34%).

Mid Session Market - Dec 01, 2008

The markets are trading higher after a positive opening on account of significant buying across the board. Investors welcomed Prime Minister Manmohan Singh taking charge of the Finance Ministry after P Chidambaram was appointed Home Minister following the resignation of Shivraj Patil. A hope that the RBI will cut its key policy rates further is also keeping investor’s sentiment upbeat. The buying is seen mainly among the Realty, Metal, Oil & Gas, IT, Teck, PSU and Capital Goods stocks. The BSE Mid Cap and the BSE Small Cap index are following the same trend. However, the Auto and Consumer Durables stocks are trading in red terrain.

The BSE Sensex is now trading above the 9,200 mark and the NSE Nifty above the 2,800 mark.

The overall market breadth is positive as 1118 stocks are advancing while 583 stocks are declining and the 58 stocks remained unchanged on BSE.

On the global market front, the Asian markets are trading mixed as Hang Seng, Taiwan Weighted and Shanghai Composite are trading higher by (2.14%), (1.30%) and (0.71%) respectively. However, the Nikkei, Seoul Composite and Straight Times are trading lower by (1.35%), (1.62%) and (0.95%) respectively.

JP Associates reported the top gainer from the BSE Sensex pack as it was trading higher by (6.78%) at Rs. 59.85 while Maruti Suzuki the top loser down by (3.96%) at Rs. 514.65.

The BSE Mid cap is higher by 27.39 points at 2,913.15 and the BSE Small Cap up by 41.04 points to trade at 3,345.66.

At 12.30 pm, BSE Sensex was at 9,276.70 higher by 183.97 points while the NSE Nifty was at 2,816.60 up by 61.50 points.

BSE Realty index gained (3.43%) or 53.58 points to 1,614.59. The major gainers are Unitech (15.58%), Ansal Infra (6.37%), Housing Development (4.75%), Orbit Co (4.27%) and Mahindra Life (3.69%).

BSE Metal index jumped by (3.01%) or 131.79 points at 4,515.17 as NMDC Ltd (5.68%), Sterlite Industries (5.47%), Jai Corp Ltd (5.15%) and Jindal Steel (3.15%) are trading in green.

BSE Oil & Gas index is trading (2.61%) or 146.82 points up at 5,764.98 as Essar Oil Ltd (6.06%), BPCL (4.35%), Gail India (3.72%), Reliance Natural Resources (3.30%) and ONGC (3.24%) are trading in positive.

BSE IT index inclined by (2.11%) or 53.87 points to trade at 2,612.81 as Mphasis (7.79%), NIIT Ltd (7.16%), Aptech Ltd (6.10%) and Moser Bayer (5.56%) are trading in positive.

BSE Teck index is trading higher by (2.10%) or 42.13 points at 2,043.76. Gainers are Mphasis (7.79%), NIIT Ltd (7.16%), Adlabs Films (6.15%) and Aptech Ltd (6.10%).

BSE PSU index advanced by (2.07%) or 95.08 points to 4,680.91. The main gainers are NMDC Ltd (5.68%), State Trade Corp (5.43%), Indian Overseas Bank (4.80%) and BPCL (4.35%).

BSE Auto declined by (2.07%) or 48.17 points to 2,282.39. Leading to its fall are Hero Honda Motors (4.10%), Maruti Suzuki (3.96%), Amtek Auto (2.16%) and Bajaj Auto (1.89%).

BSE Consumer Durables index is trading (1.72%) or 30.86 points lower at 1,762.71. The main losers are Titan Ind (3.57%), Blue Star L (1.28%) and Videocon Ind (0.68%).

Mid Session Market - Nov 28, 2008

The markets have lost further grounds and are trading in deep red even though the GDP number came in slightly better than expected. However the investors are little worried to take any fresh position ahead of the expiry of the F&O November series today. The selling continued among the Realty, Capital Goods, Metal, Banking and Oil & Gas stocks. However, the IT and FMCG stocks are trading with marginal gains. The BSE Mid Cap and the BSE Small Cap index are also trading lower with a loss of around 1% each.

India’s Gross Domestic Products (GDP) growth grew by 7.6% for the Second quarter (July-September quarter) of FY09 as against 9.3% (YoY) and 7.9% (QoQ). However, the numbers were slightly ahead of expectations. India''s growth has slowed in the second quarter due to the high interest rates and record-high inflation.

The BSE Sensex is now trading below the 9,000 mark and the NSE Nifty hovering around the 2,700 mark.

The overall market breadth is negative as 630 stocks are advancing while 1011 stocks are declining and the 55 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 (1.25%), (1.66%) and (1.18%) respectively. However the Shanghai Composite and KLSE Composite index are trading lower by (2.76%) and (0.44%) respectively.

TCS reported the top gainer from the BSE Sensex pack as it was trading higher by (3.23%) at Rs. 544 while Reliance Infra the top loser down by (6.16%) at Rs. 487.50.

The BSE Mid cap is lower by 35.59 points at 2,841.79 and the BSE small Cap slipped by 25.35 points to trade at 3,289.54.

At 12.31 pm, BSE Sensex was at 8,930.70 down by 96.02 points while the NSE Nifty was at 2,712.70 down by 39.55 points.

BSE IT index inclined by 10.23 points to trade at 2,478.68 as TCS (3.23%), Mphasis (2.97%), Patni Computer (2.32%), Tech Mahindra (1.17%) and Satyam Computer (0.87%) are trading in positive.

BSE Metal index slipped by 52.81 points at 4,367.64 as Tata Steel (3.10%), NALCO (3.35%), SAIL (2.48%) and ISPAT Industries (2.45%) are trading in red.

BSE Bankex index is trading lower by 39.62 points at 4,585.61. Losers are AXIS Bank (2.72%), SBI (1.83%), ICICI Bank (1.64%), Yes Bank (2.98%) and HDFC Bank (0.96%).

BSE Oil & Gas index is trading 44.91 points lower at 5,603.15 as Gail India (3.35%), RPL (2.14%), Cairn India (2.08%), HPCL (1.74%) and ONGC (1.06%) are trading in negative.

BSE Capital goods index dropped by 108.16 points to 6,297.10. The main losers are L&T (3.14%), Crompton Greaves (2.34%), ABB (2.79%), Punj Lloyd (1.49%) and Praj Industries (1.08%).

BSE Power index is trading 15.97 points lower at 1,616.33. The main losers are Reliance Power (4.25%), Power Grid (3.91%), Torent Power (2.34%), GVK Power (2.50%) and NTPC (1.77%).

BSE Realty index slipped by 40.21 points to 1,536.06. The major losers are Unitech (9.27%), Ansal Infra (7.94%), India Bull Real (4.90%), HDIL (3.90%) and Sobha Developers (3.10%).

BSE Auto declined by 12.43 points to 2,285.32. Leading to its fall are Tata Motors (4.26%), Ashok Leyland (2.53%), Maruti Suzuki (1.18%) and Hero Honda (1.12%).

Mid Session Market - Nov 26, 2008

The markets have given up all its early morning gains and are trading flat as volatility strikes the market. The market is swinging between the positive and negative territory. The buying is seen among the Oil & Gas, Banking, FMCG and Pharma stocks. However, the Capital Goods, Power, Realty, Auto and IT stocks are under pressure today. The BSE Mid Cap and the BSE Small Cap index are however trading with a loss of around 1% each.

The BSE Sensex is now trading around the 8,700 mark and the NSE Nifty hovering around the 2,650 mark.

The overall market breadth is negative as 615 stocks are advancing while 1178 stocks are declining and the 56 stocks remained unchanged on BSE.

On the global market front, the Asian Markets are trading mixed as Hang Seng, Shanghai Composite and Straits Times index are trading higher by (1.99%), (0.14%) and (0.73%) respectively. However the Nikkei index is trading lower by (1.33%).

Sterlite Industries reported the top gainer from the BSE Sensex pack as it was trading higher by (5.55%) at Rs. 216 while Reliance Communication the top loser down by (3.35%) at Rs. 189.

The BSE Mid cap is lower by 34.81 points at 2,837.78 and the BSE small Cap slipped by 41.99 points to trade at 3,291.33.

At 12.31 pm, BSE Sensex was at 8,708.03 up by 12.50 points while the NSE Nifty was at 2,653.65 down by 0.35 points.

BSE Metal index slipped by 34.94 points at 4,229.23 as NMDC (6.68%), Sesa Goa (3.49%), Hindalco Industries (2.92%) and Tata Steel (2.25%) are trading in red.

BSE Bankex index is trading higher by 13.19 points at 4,378.19. Gainers are ICICI Bank (2.81%), HDFC Bank (2.65%), Oriental Bank (0.67%) and Yes Bank (0.16%). However, the losers are AXIS Bank (3.99%), PNB (3.15%) and IDBI Bank (3.67%).

BSE Oil & Gas index is trading 63.08 points higher at 5,472.45 as Essar Oil (1.63%), Gail India (1.38%), Cairn India (1.04%) and RNRL (0.88%) are trading in positive.

BSE Capital goods index dropped by 106.90 points to 6,279.78. The main losers are Siemens (16.06%), Gammon India (4.39%), Havells India (6.24%), Punj Lloyd (2.55%) and BHEL (1.56%).

BSE IT index declined by 22.14 points to trade at 2,410.30 as Mphasis (2.21%), Tech Mahindra (1.42%), TCS (0.91%) and Satyam Computer (0.24%) are trading in negative.

BSE Power index is trading 24.70 points lower at 1,577.04. The main losers are Suzlon Energy (3.42%), Torent Power (2.95%), Tata Power (2%), Power Grid (0.41%) and NTPC (0.49%).

BSE Realty index slipped by 29.35 points to 1,514.14. The major losers are Unitech (5.08%), HDIL (4.56%), Omaxe Ltd (4.29%), Ansal Infra (5.89%) and Penland (2.78%).

BSE Auto declined by 30.48 points to 2,251.54. Leading to its fall are Maruti Suzuki (3.36%), Mahindra & Mahindra (2.80%), Bajaj Auto (0.90%) and Ashok Leyland (0.37%).