It was a mixed close for markets with benchmark indices managing a positive close but the midcap and smallcap index closing in red. buying seen in select largecap IT and bank stocks. Breadth was negative and the advance:decline was at 1:6. Nifty closed above 4600 and Sensex closed above 15300. BSE Midcap and smallcap index were down over 3.5%.
Sensex closed up 294.57 points or 1.96% at 15289.40, and the Nifty up 35.90 points or 0.78% at 4609.85.
About 678 shares have advanced, 2329 shares declined, and 53 shares are unchanged.
The BSE Midcap Index ended at 5,805.53 down 2.7%.
The BSE Smallcap Index ended at 6,950.12 down 3.7%.
The BSE Bankex closed at 7,785.05 up 3%. ICICI Bank, HDFC, HDFC Bank, Centurion bank, Axis, IOB closed in green.
The BSE Capital Goods Index closed at 13,368.34 up 1%. Larsen, Jyoti Structure, BHEL, Siemens, ABB closed higher.
The BSE Auto Index closed at 4,404.48 up 0.1%. Apollo Tyres, Escorts, Ashok Leyland, Hind Motors closed higher.
The BSE Metal Index closed at 12,787.61 down 5%. Hindalco, Sterlite, Nalco, SAIL, JSW Steel, Jindal Steel, Jindal Stainless, Hind Zinc closed higher.
The BSE FMCG Index closed up 0.6% at 2,142.40. Colgate, ITC, Nestle, Dabur ended higher
BSE Oil and Gas Index closed at 9,730.91 up 0.1%. BPCL, HPCL, IOC, Reliance Natura, GAIL ended higher.
The BSE IT Index was at 3,450.39 up 2.5%. HCL Tech, Wipro, Infosys, Tech mahindra, TCS, closed higher.
The NSE cash turnover was at Rs 10796.34 crore and the NSE F&O turnover was at Rs 42610.26 crore. The BSE cash turnover was Rs 4670.59 crore. Total market wide turnover was at Rs 58077.19 crore.
Mkts lacklustre: Breadth negative; midcaps negative
The markets are lacklustre with Nifty and broader markets in red. Sensex is trading in greenwith buying seen in select largecap IT and bank stocks. Breadth has worsened and the advance:decline was at 1:6. Nifty failed to hold above 4600 and Sensex is hovering around 15100. BSE Midcap and smallcap index were down over 3.5%.
At 2.22 hrs IST, the Sensex is up 116.09 points or 0.77% at 15110.92, and the Nifty down 29.30 points or 0.64% at 4544.65.
About 529 shares have advanced, 2461 shares declined, and 69 shares are unchanged.
Realty index is the worst hit followed by metal both down over 4% each followed by energy indices like oil & gas and power. Select bank, FMCG and IT stocks are witnessing some buying.
Among the major losers were Cairn India down 7.5%, Guj NRE Coke down over 10%. Siemens and Tata Steel are down over 3.5%. Other stocks in red are Reliance Energy, Hindalco, Reliance Communication, JP Associates, Ranbaxy.
ICICI Bank, HDFC, Wipro, HCL Tech are the top frontline gainers. Among the other gainers were Hindalco, ABB, Bharti Airtel, NTPC, HUL, ACC, HDFC, Suzlon, ONGC, Wipro, Hero Honda, ITC.
Essar Oil, RNRL, ICICI Bank were among the most active stocks on the bourses.
Mkts slip: Breadth worsens; midcaps plunge
The markets have slipped from the day's high. Nifty has slipped in red and the midcaps and smallcaps have lost further ground. Breadth has worsened and the advance:decline was at 1:6. Nifty failed to hold above 4600 and Sensex is hovering around 15100. BSE Midcap and smallcap index were down over 3.5%.
At 1.01 hrs IST, the Sensex is up 108.14 points or 0.72% at 15102.97, and the Nifty down 14.65 points or 0.32% at 4559.30.
About 583 shares have advanced, 2400 shares declined, and 76 shares are unchanged.
Realty index is the worst hit followed by metal both down over 4% each followed by energy indices like oil & gas and power. Select bank, FMCG and IT stocks are witnessing some buying.
Among the major losers were Cairn India down 7.5%, Guj NRE Coke down over 10%. Siemens and Tata Steel are down over 3.5%. Other stocks in red are Reliance Energy, Hindalco, Reliance Communication, JP Associates, Ranbaxy.
ICICI Bank, HDFC, Wipro, HCL Tech are the top frontline gainers. Among the other gainers were Hindalco, ABB, Bharti Airtel, NTPC, HUL, ACC, HDFC, Suzlon, ONGC, Wipro, Hero Honda, ITC.
Essar Oil, RNRL, ICICI Bank were among the most active stocks on the bourses.
Mkts still in green: Banks, IT up; midcaps, metal down
The markets continue to trade in green on buying seen in select largecaps from bank and IT space. Nifty is hovering around the 4600 mark amid choppy trade. However, the broader markets have slipped further in red. Midcap and smallcap index were down 3%. This has given markets weak breatdth with thin volume.
At 11.57 hrs IST, the Sensex is up 197.62 points or 1.32% at 15192.45, and the Nifty up 36.15 points or 0.79% at 4610.10.
About 655 shares have advanced, 2317 shares declined, and 87 shares are unchanged.
Among the major losers were Cairn India down 7.5%, Guj NRE Coke down over 10%. Siemens and Tata Steel are down over 3.5%. Other stocks in red are Reliance Energy, Hindalco, Reliance Communication, JP Associates, Ranbaxy.
ICICI Bank, HDFC, Wipro, HCL Tech are the top frontline gainers. Among the other gainers were Hindalco, ABB, Bharti Airtel, NTPC, HUL, ACC, HDFC, Suzlon, ONGC, Wipro, Hero Honda, ITC.
Essar Oil, RNRL, ICICI Bank were among the most active stocks on the bourses.
10:42 am: The largecaps are trading in green with buying seen in select IT and banking frontliners. The benchmark indices are trading with smart gains outperforming the benchmark indices. However, the broader markets have slipped further in red. Midcap and smallcap index were down 2%.
At 10.42 hrs IST, the Sensex is up 225.16 points or 1.50% at 15219.99, and the Nifty up 46.65 points or 1.02% at 4620.60.
About 972 shares have advanced, 1987 shares declined, and 100 shares are unchanged.
ICICI Bank, HDFC, Wipro, HCL Tech are the top frontline gainers. Among the other gainers were Hindalco, ABB, Bharti Airtel, NTPC, HUL, ACC, HDFC, Suzlon, ONGC, Wipro, Hero Honda, ITC.
JP Associates, Tata Steel, Ranbaxy were among the top losers.
S Kumar collpased 22% followed by Kohinoor, Gati in the midcap space.
Rupee opened at Rs 40.41 per dollar
Asian markets were trading firm. Taiwan's Taiwan Weighted surged 4.05%, Japan's Nikkei rose 0.37%, Singapore's Straits Times was up 2.34%, South Korea's Seoul Composite added 0.44%.
9:56 am: After opening moderately in positive, the largecaps have perked up on account of buying seen in largecaps. The bench mark indices are trading with smart gains outperforming the benchmark indices. However, the broader markets have opened flat giving an inconclusive breadth to the markets.
At 09.56 hrs IST, the Sensex is up 149.45 points or 1.00% at 15144.28, and the Nifty up 30.15 points or 0.66% at 4604.10.
About 1076 shares have advanced, 1899 shares declined, and 84 shares are unchanged.
Among the top gainers were Hindalco, ABB, ICICI Bank, Bharti Airtel, HDFC Bank, NTPC, HUL, ACC, HDFC, Suzlon, ONGC, Wipro, Hero Honda, ITC.
Cairn Ind, Reliance Ind, Reliance Communication were among the top laggards.
Rupee opened at Rs 40.41 per dollar
Asian markets were trading firm. Taiwan's Taiwan Weighted surged 4.05%, Japan's Nikkei rose 0.37%, Singapore's Straits Times was up 2.34%, South Korea's Seoul Composite added 0.44%.
Wall Street soared with Federal Reserve action and declining commodity prices helping to offset worries about the economic slowdown.The Dow gained 261.66 points, or 2.16%, to 12,361.32, and the Nasdaq composite index advanced 48.15 points, or 2.18%
Market cues:
* SEBI says short selling, SLB to be operational from April 21
* Inflation at 10-month high of 5.92%
* KV Kamath says tighter monetary policy needed to tame inflation
* FIIs net sell $170.50 million in equity on Mar 18
* MFs net buy Rs 65 cr in equity on Mar 18
* NSE F&O Open Int down Rs 571 cr at Rs 63378 cr
Source: Moneycontrol.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment