The markets slipped significantly in the final hour of trade closing with a deep cut. The weakness in markets was inline with Asian indices trading flat or in negative despite some positive cues from Dow yesterday. Heavy selling was seen in metal, IT and oil & gas. Selective buying is seen in auto and capital good stocks. Broader markets also ended in red but outperformed the benchmark.
Among the top Nifty losers were Nalco down 6.5% followed by BPCL, SAIL down 5% each and Siemens down 4%.
In the midcap space multiplex stocks continue to rally, with PVR Inox followed by Adlabs and Cinemax. Stocks from banking and financial space were active today.
Auto ancillary stocks are attracting attention with Rico Auto and Ceat up. Agro Dutch, Eveready, Agro Tech are among the other midcap gainers.
BHEL, Maruti Suzuki and Bajaj Auto ended in green with good gains.
However, Wipro, TCS and Hindalco were the top lagards.
Midcap momentum stocks like Essar Oil, Ashok Leyland, Neyvelli Lignite, Bongaigaon ended in red.
Yesterday's new listing Mundra Port closed down 9% below the Rs 900 mark.
Sensex was down 188.86 points or 0.99% at 18938.87, and the Nifty down 80.60 points or 1.41% at 5617.55.
About 1421 shares have advanced, 1573 shares declined, and 84 shares are unchanged.
The BSE Midcap Index ended at 8,383.49 down 0.12%.
The BSE Smallcap Index ended at 10,375.30 up 0.03%.
The BSE Bankex was down 1% at 10,389.21. Federal Bank, Axis Bank, PNB, Karnataka Bank, Centurion Bank, HDFC Bank moved downwards.
The BSE Capital Goods Index was down 1% at 19,554.19. Rel Infra, Siemens, Triveni Engg, Alstom Projects, Jyoti Structure, Lakshmi Machine, Suzlon Energy closed lower.
The BSE Auto Index closed at 5,404.15 up 1%. MICO, Cummins, Tube Investment, Maruti Suzuki, Bajaj Auto closed higher.
The BSE Metal Index closed at 16,976.36 down 2%. Nalco, SAIL, Jindal Steel, Mah Seamless, Hindalco, Sterlite Ind closed lower.
The BSE FMCG Index closed at 2,133.87 down 0.4%. ITC, Dabur India, United Spirits, Godrej Consumer closed lower.
BSE Oil and Gas Index closed at 11,917.58 down 2.3%. Essar Oil, BPCL, Petronet LNG, Reliance Petro, HPCL ended in red.
The BSE IT Index was down 0.6% at 4,081.40. TCS, I-Flex Solution, Wipro, Mphasis closed lower.
The NSE cash turnover was at Rs 16166.85 crore and the NSE F&O turnover was at Rs 86287.52 crore. The BSE cash turnover was Rs 7442.69 crore. Total market wide turnover was at Rs 109897.06 crore.
Markets slip: Midcaps, smallcaps outperform
The markets have lost some ground and have slipped in red on account of selling pressure seen in oil & gas, metal, IT and realty stocks. The weakness in markets is inline with Asian indices trading flat or in negative despite some positive cues from Dow yesterday.
Selective buying is seen in bank, power, auto and capital good stocks. Broader markets have outperformed the benchmark. Both the BSE Midcap and smallcap indices are up nearly 0.6% and 0.8% each respectively. The breadth has disappointed as it has now become neutral.
At 14.39 hrs IST, the Sensex is down 59.13 points or 0.31% at 19068.60, and the Nifty down 47.05 points or 0.83% at 5651.10.
About 1581 shares have advanced, 1424 shares declined, and 73 shares are unchanged.
F&O turnover has been strong one day ahead of expiry and strongest rollover has been in banking space followed by the pharma sector. Overall the rollover is smooth with 50%.
In the midcap space multiplex stocks continue to rally, with PVR up over 10%, Inox followed by Adlabs and Cinemax. Stocks from banking and financial space are active today with DCB up over 9% followed by Indian Bank and Central Bank.
Deccan Aviation is a hi flyer up 0.7%, trading around the Rs 250 levels its 52 week high.
Auto ancillary stocks are attracting attention with Rico Auto and Ceat up. Agro Dutch, Eveready, Agro Tech are among the other midcap gainers.
On Sensex, the BHEL, ICICI Bank and NTPC were the top gainers. Maruti Suzuki and GAIL are trading in green with good gains.
BHEL is up nearly 3% followed by Maruti, GAIL and Bajaj Auto up over 2.5% each.
However, Wipro, TCS and Hindalco were the top lagards. NALCO is down over 5% followed by Reliance Petroleum and Hindalco down around 2.5% each.
RNRL is up over 4% and is being traded with the highest volumes. GMR Infra, RPL, Jaiprakash Associates and Mundra Projects have also been the most active counters today.
Private banks are buzzing since morning today. BSE bankex was up over 1% and the Kotak Mahindra Bank, IOB and Andhra Bank and Allahabad Bank. In the capital goods space, Areva T&D, BHEL, Krloskar Bro and Gammon India were the top gainers.
Markets choppy: Midcaps, smallcaps outperform
The markets are choppy and are trading within a range due to lack of momentum. Nifty is trading absolutely flat and Sensex is marginally in the green. The weakness in markets is inline with Asian indices trading flat or in negative despite some positive cues from Dow yesterday.
Selective buying is seen in bank, power, auto and capital good stocks. Broader markets have outperformed the benchmark indices giving markets positive breadth. Both the BSE Midcap and smallcap indices are up nearly 1%.
At 1.35 hrs IST, the Sensex is up 107.48 points or 0.56% at 19235.21, and the Nifty down 6.00 points or 0.11% at 5692.15.
About 1818 shares have advanced, 1172 shares declined, and 88 shares are unchanged.
F&O turnover has been strong one day ahead of expiry and strongest rollover has been in banking space followed by the pharma sector. Overall the rollover is smooth with 50%.
In the midcap space multiplex stocks continue to rally, with PVR up over 10%, Inox followed by Adlabs and Cinemax. Stocks from banking and financial space are active today with DCB up over 9% followed by Indian Bank and Central Bank.
Deccan Aviation is a hi flyer up 0.7%, trading around the Rs 250 levels its 52 week high.
Auto ancillary stocks are attracting attention with Rico Auto and Ceat up. Agro Dutch, Eveready, Agro Tech are among the other midcap gainers.
On Sensex, the BHEL, ICICI Bank and NTPC were the top gainers. Maruti Suzuki and GAIL are trading in green with good gains.
BHEL is up nearly 3% followed by Maruti, GAIL and Bajaj Auto up over 2.5% each.
However, Wipro, TCS and Hindalco were the top lagards. NALCO is down over 5% followed by Reliance Petroleum and Hindalco down around 2.5% each.
RNRL is up over 4% and is being traded with the highest volumes. GMR Infra, RPL, Jaiprakash Associates and Mundra Projects have also been the most active counters today.
Private banks are buzzing since morning today. BSE bankex was up over 1% and the Kotak Mahindra Bank, IOB and Andhra Bank and Allahabad Bank. In the capital goods space, Areva T&D, BHEL, Krloskar Bro and Gammon India were the top gainers.
Market off day's high: Oil & gas, metal, IT stocks down
The markets are off day's high due to lack of momentum. Nifty is trading absolutely flat and Sensex is marginally in the green. The weakness in markets is inline with Asian indices trading flat or in negative despite some positive cues from Dow yesterday.
Selective buying is seen in bank, power, auto and capital good stocks. Broader markets have outperformed the benchmark indices giving markets positive breadth. Both the BSE Midcap and smallcap indices are up nearly 1%.
At 12.27 hrs IST, the Sensex is up 89.55 points or 0.47% at 19217.28, and the Nifty down 1.10 points or 0.02% at 5697.05.
About 1895 shares have advanced, 1095 shares declined, and 88 shares are unchanged.
In the midcap space multiplex stocks continue to rally, with PVR up over 10% followed by Adlabs and Cinemax. Stocks from banking and financial space are active today with DCB up over 9% followed by Central Bank.
On Sensex, the BHEL, ICICI Bank and NTPC were the top gainers. Maruti Suzuki and GAIL are trading in green with good gains.
BHEL is up nearly 3% followed by Maruti, GAIL and Bajaj Auto up over 2.5% each.
However, Wipro, TCS and Hindalco were the top lagards. NALCO is down over 5% followed by Reliance Petroleum and Hindalco down around 2.5% each.
RNRL is up over 4% and is being traded with the highest volumes. GMR Infra, RPL, Jaiprakash Associates and Mundra Projects have also been the most active counters today.
Mkts trading firm; bank, cap good, power stocks up
The markets are trading steady with decent gains. Banking, power and capital goods stocks are still trading strong. Metal, FMCG and oil & gas stocks are little subdued. Midcaps and smallcap are once again back in action today and are outperfoming the the frontliners.
At 11.00 am, the Sensex is up 121.10 points or 0.63% at 19248.83, and the Nifty up 11.65 points or 0.20% at 5709.80. About 1937 shares have advanced, 1039 shares declined, and 102 shares are unchanged.
Market breadth has been impressive since opening today. Advance decline ratio is about 2:1 on NSE. Volume has been moderate.
On Sensex, the BHEL, ICICI Bank and NTPC were the top gainers. However, Wipro, TCS and Hindalco were the top lagards.
RNRL, GMR Infra, RPL, Jaiprakash Associates and Mundra Projects have been the most active counters today.
Private banks are buzzing since morning today. BSE bankex was up over 1.25% and the Kotak Mahindra Bank, IOB and Andhra Bank and Allahabad Bank. In the capital goods space, Areva T&D, BHEL, Krloskar Bro and Gammon India were the top gainers.
Mkts in green with decent gains; power, banks up
The markets are trading in green with decent gains in the early trades today. All the key BSE indices are in green led by the consumer durables, banking, auto and power index. Market breadth has been positive and the volume modest till now.
At 10.28 am, the Sensex is up 108.18 points or 0.57% at 19235.91, and the Nifty up 19.90 points or 0.35% at 5718.05. About 1944 shares have advanced, 1036 shares declined, and 98 shares are unchanged.
Top gainers on the Sensex are HDFC Bank at Rs 1,677 up 2.73%, BHEL at Rs 2,720 up 1.76% and Maruti Suzuki at Rs 952.70 1up .62%.
Top losers on the Sensex are Wipro at Rs 457 down 0.16%, Reliance at Rs 2,838.10 down 0.14% and ITC at Rs 186 down 0.03%.
Most active shares on BSE are GMR Infra at Rs 251.10 with 1,405,842 shares, Mundra Port at Rs 975.20 with 304,864 shares and Jaiprakash Associate at Rs 1,805 with 152,514 shares.
Mkts open with decent gap up; bank, auto stocks up
The markets opened with decent gap up today taking cues from the global peers. Auto, private banks and the power stocks were looking strong in the early trade, however the capital good stocks were also attracting decent attention. Refineries were little subdued.
At 9:56 am, Sensex was up 189 points at 19316 and Nifty was up 35.95 points at 5734. Major gainers in the early trade were BHEL, RIL, SBI, ICICI Bank, HDFC Bank, Maruti, Bajaj Auto, Hindalco, NTPC, Infosys, Tata Steel and L&T.
Asian markets were trading weak. Hong Kong's Hang Seng tumbled 0.65% or 176.35 points at 27,033.86, Japan's Nikkei plunged 0.29% or 43.40 points at 15,179.45, Taiwan's Taiwan Weighted was down 0.22% or 18.81 points at 8,356.95, Singapore's Straits Times declined 0.12% or 4.02 points at 3,368.62 and South Korea's Seoul Composite dropped 0.16% or 3.05 points at 1,856.74.
Market cues:
* FIIs net buy USD 116.6 million in equity on Nov 26
* MFs net buy Rs 252.9 crore in equity on Nov 26
* NSE F&O Open Interest up by Rs 1,424 crore at Rs 1,09,960 crore
F&O cues:
* Futures Open Interest up by Rs 1,355 crore, Options Open Interest up by Rs 69 crore
* Nifty Nov Fut shed 31 lakh, Dec Fut add 53 lakh shares in Open Interest
* Nifty Nov at 32-pt premium, Dec at 14-pt premium
* Nifty Open Interest PCR at 1 vs 0.98
* Nifty Puts add 3.5 lakh shares in Open Interest
* Calls shed 0.8 lakh shares in Open Interest
* Nifty 5500 Put adds 1.42 lakh shares in Open Interest
* Nifty 5700 Call adds 1.5 lakh shares in Open Interest
* Nifty 6000 Call sheds 1.55 lakh shares in Open Interest
Source: Moneycontrol.com
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