Market ends flat amid choppiness: IT, realty down; smallcap up ~ Share Bazaar News India

Monday, February 18, 2008

Market ends flat amid choppiness: IT, realty down; smallcap up

The markets ended the day flat amid a very choppy session. Most of the indices ended flat to negative. However buying was seen in smallcap stocks which gave positive breath to the markets. Among the global indices, Asia closed mixed today and Europe was trading higher.

IT, oil, metal and realty are among the top laggards. However bankex was marginally in positive. Trading firm were select sugar and fertiliser stocks.

M&M, Reliance Energy, Bajaj Auto, Siemens, GAIL, Tata Steel, ICICI Bank and Nalco were among the top gainers on the indices.

Tata Motors, ITC, ONGC, Idea Cellular, DLF, BHEL, Sterilte Ind and HCL Tech are among the top frontline losers.

Reliance pack stocks are among the most active stocks on the bourses. The ADAG stocks are hogging all the limelight after the bonus issue news. Reliance Power is holding rock solid at Rs 411 with 11,232,762 shares traded.

Sensex closed down 67.20 points or 0.37% at 18048.05, and the Nifty down 26.00 points or 0.49% at 5276.90.

About 1951 shares have advanced, 1009 shares declined, and 60 shares are unchanged.

The BSE Midcap Index ended at 7,641.48 up 0.7%.

The BSE Smallcap Index ended at 9,755.35 up 1.4%.

The BSE Bankex ended at 10,944.85 up 0.5%. Bank of India, Andhra Bank, Kotak Mahindra, Oriental Bank, Allahabad Bank moved upwards.

The BSE Capital Goods Index closed down 0.5% at 16,322.65. Triveni Engg, Suzlon Energy, Alstom Projects, Praj Industries, Punj Lloyd , ABB closed lower.

The BSE Auto Index closed at 4,789.13 up 0.4%. Escorts, TVS Motor, Amtek Auto, Cummins, Bajaj Auto closed higher.

The BSE Metal Index closed at 16,247.20 up 0.5%. Hind Zinc, Shree Precoated, Mah Seamless, Jindal Steel, Jindal Saw, JindalStainless closed lower.

The BSE FMCG Index closed up 2% at 2,258.26. Colgate, ITC, Bata India, Godrej Consumer, HUL, GlaxoSmith Con closed higher.

BSE Oil and Gas Index closed at 11,172.91 down 1%. GAIL, PCL, ONGC, ONGC ended in red.

BSE power index closed at 3,752.87 down 0.4%. Torrent Power, NTPC, Power Grid Corp ended in red.

The BSE IT Index was down 1.2% at 3,829.24. I-Flex Solution, Patni Computer, Financial Tech, Mphasis, Tech Mahindra, TCS, Infosys closed lower.

The NSE cash turnover was at Rs 10904.87 crore and the NSE F&O turnover was at Rs 32416.67 crore. The BSE cash turnover was Rs 4951.09 crore. Total market wide turnover was at Rs 48272.63 crore.

Mkt trades flat

The markets are still trading lower with selling pressure in realty, technology, power, oil, capital goods and auto stocks. However, midcaps and small cap indices have recovered a bit and trading in the green. The market breadth is still positive as 1827 shares have advanced, 1125 shares declined and 68 shares are unchanged. Among the global indices, Asia closed mixed today. Europe is trading higher.

At 14.06 hrs IST, the Sensex is down 113.88 points or 0.63% at 18001.37, and the Nifty down 34.45 points or 0.65% at 5268.45.

Most of the BSE indices are in red. IT, oil, metal and realty are among the top laggards. However bankex is marginally in positive. Trading firm are select sugar and fertiliser stocks. BSE smallcap index is up 1%.

M&M, Reliance Energy, Bajaj Auto, Siemens, GAIL, Tata Steel, ICICI Bank and Nalco were among the top gainers on the indices.

Tata Motors, ITC, ONGC, Idea Cellular, DLF, BHEL, Sterilte Ind and HCL Tech are among the top frontline losers.

Reliance pack stocks are among the most active stocks on the bourses. The ADAG stocks are hogging all the limelight after the bonus issue news Reliance Power is holding rock solid at Rs 419 with 11,094,397 shares.

Reliance Natural is also holding out in green at Rs 141 with 19,584,418 shares followed by Reliance Energy at Rs Rs 1,744.00 with 872,046 shares. Relianc Petroleum is also among the most active shares at Rs 167 with 3,703,668 shares.

Rupee is trading strong at 39.69 against the dollar.

Mkts listless: IT, realty, oil stocks down; smallcaps up

The markets have lost some more ground and are trading in red. Even the midcap index has given up its gains and are trading flat. The market breadth is positive as the smallcap index is still in green. Among the peers, Asia was nervous and sticky in a tight range; Shanghai ended higher as compared to rest.

Most of the BSE indices are in red. IT, oil, metal and realty are among the top laggards. However bankex is marginally in positive. Trading firm are select sugar and fertiliser stocks. BSE smallcap index is up 1%.

At 1.07 hrs IST, the Sensex was down 169.35 points or 0.93% at 17945.90, and the Nifty down 68.65 points or 1.29% at 5234.25.

About 1810 shares have advanced, 1141 shares declined, and 69 shares are unchanged.

Reliance Energy, Bajaj Auto, Siemens, GAIL, Tata Steel, ICICI Bank and Nalco were among the top gainers on the indices.

Tata Motors, ITC, ONGC, Idea Cellular, DLF, BHEL, Sterilte Ind and HCL Tech are among the top frontline losers.

Reliance pack stocks are among the most active stocks on the bourses. The ADAG stocks are hogging all the limelight after the bonus issue news Reliance Power is holding rock solid at Rs 419 with 11,094,397 shares.

Reliance Natural is also holding out in green at Rs 141 with 19,584,418 shares followed by Reliance Energy at Rs Rs 1,744.00 with 872,046 shares. Relianc Petroleum is also among the most active shares at Rs 167 with 3,703,668 shares.

Rupee is trading strong at 39.67 against the dollar.

Mkts lacklustre: Midcaps, bank up; IT, realty down

It is subdued for the frontliners but the broader markets have outperformed the benchmark indices. The market breadth is positive as both the midcap and smallcap indices are in green. NSE advance:decline is at 2:1. Asian markets were trading mixed with Hang Seng and Strait Times in red and Shanghai in green. On Friday, Wall Street ended flat; Dow was down 28 points.

At 11.36 hrs IST, the Sensex is down 42.02 points or 0.23% at 18073.23, and the Nifty down 21.15 points or 0.40% at 5281.75.

About 1904 shares have advanced, 1049 shares declined, and 67 shares are unchanged.

Reliance Energy, Bajaj Auto, Siemens, GAIL, Tata Steel, ICICI Bank and Nalco were among the top gainers on the indices.

Tata Motors, ITC, ONGC, Idea Cellular, DLF, BHEL, Sterilte Ind and HCL Tech are among the top frontline losers.

Reliance pack stocks are among the most active stocks on the bourses. The ADAG stocks are hogging all the limelight after the bonus issue news Reliance Power is holding rock solid at Rs 419 with 11,094,397 shares.

Reliance Natural is also holding out in green at Rs 141 with 19,584,418 shares followed by Reliance Energy at Rs Rs 1,744.00 with 872,046 shares. Relianc Petroleum is also among the most active shares at Rs 167 with 3,703,668 shares.

Rupee is trading strong at 39.66 against the dollar.

Mkt trades flat: Midcaps up; realty, metal down

The markets opened flat and are witnessing volatility in its opening trade. But there is some strength seen in the broader markets as both the midcap and smallcap indices are in green. The market breath is positive. The cues from Asia were mixed with Hang Seng and Strait Times in red and Shanghai in green.

At 10.04 hrs IST, the Sensex is down 79.64 points or 0.44% at 18035.61, and the Nifty up 17.80 points or 0.34% at 5320.70.

About 2000 shares have advanced, 953 shares declined, and 66 shares are unchanged.

Wipro, Rel Energy, Reliance Comm, HDFC Bank, L&T, NTPC were among the gainers.

ONGC, Unitech, Sterlite, Tata Communication were among the laggards

Adlabs, RNRL, Geojit Financials, Reliance Power were among the other gainersl.

KNR Construction list at Rs 175 versus, it has later slipped below the issue price and was trading at Rs 158.

Market cues:
* Rel Power board meet on Feb 24 to mull bonus issue to all shareholders excluding promoters
* FIIs net sell USD 293.3 million in equity on Feb 14
* NSE F&O Open Interest up by Rs 2,469 crore at Rs 73,686 crore
* Among global peers, Asian markets are trading mixed; Nikkei up 174 points. On Friday, Wall Street ended flat; Dow was down 28 points.

F&O cues:
* Futures Open Interest up by Rs 1,470 crore and Options Open Interest up by Rs 998 crore
* Nifty Futures shed 2.8 lakh shares in Open Interest
* Nifty Open Interest Put-Call ratio at 0.92 Vs 0.93
* Nifty Puts add 7.1 lakh shares n Open Interest
* Nifty Calls add 9.9 lakh shares in Open Interest
* Nifty 5200 Put adds 1.7 lakh shares in Open Interest
* Nifty 5100 Put adds 1.7 lakh shares in Open Interest
* Nifty 5400 Call adds 4.1 lakh shares in Open Interest
* Nifty 5300 Call adds 3.2 lakh shares in Open Interest
* Stock Futures add 1.38 cr shares in Open Interest

Source: Moneycontrol.com

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