The market today opens marginally higher but didn’t able to sustain at higher level as selling emerged in the selective scrips. The significant selling witnessed among the frontline line indices. However, the broader market is trading firm in th opening trade. The Capital Goods, IT and Bank stocks are in pressure in the early trade whereas the Metal, Oil & Gas and Realty stocks are facing the buying momentum.
The overall market breadth is positive as 884 stocks are advancing whereas 784 stocks are declining on BSE.
At 10.30AM, the BSE Sensex was down by 90.15 points at 15,742.40 and the Nifty was down by 9.10 points to 4,762.50.
The BSE Mid Cap increased by 17.69 points to 6,404.92 and the BSE Small Cap advanced by 6.62 points to 7,846.91.
Tata Steel reported the top gainer from the BSE Sensex pack. It is trading with a gain of 2.26% at Rs.674.50 while Infosys Technologies the top loser declined by 2.15% to Rs.1,488.90.
BSE Oil & Gas index advanced by 42.93 points to trade at 10,574.81. The top gainers are RPL Oil inclined by (2.09%) to Rs.173.35, Essar Oil increased by (1.95%) at Rs.228 followed by Cairn India and BPCL up by (1.31%) and (0.69%) to Rs.231.30 and Rs.414.
BSE Capital Goods index dropped by 162.43 points to trade at 13,052.30. The major losers are ABB, BHEL, L&T and Siemens grew by (2.30%), (2.05%), (1.97%) and (0.95%) to Rs.1,112.40, Rs.1,718.90, Rs.2,794 and Rs.594 respectively.
NALCO is trading higher by (1.11%) at Rs.454. The company has entered into an agreement with Bharat Earth Movers Limited to collaborate for the production of aluminium rail wagons and subsequently, aluminum rail coaches and metro coaches. According to the agreement, the products would be jointly developed by these two companies and Nalco would supply the aluminum extrusions after conversion from its billets and ingots through a third party.
The overall market breadth is positive as 884 stocks are advancing whereas 784 stocks are declining on BSE.
At 10.30AM, the BSE Sensex was down by 90.15 points at 15,742.40 and the Nifty was down by 9.10 points to 4,762.50.
The BSE Mid Cap increased by 17.69 points to 6,404.92 and the BSE Small Cap advanced by 6.62 points to 7,846.91.
Tata Steel reported the top gainer from the BSE Sensex pack. It is trading with a gain of 2.26% at Rs.674.50 while Infosys Technologies the top loser declined by 2.15% to Rs.1,488.90.
BSE Oil & Gas index advanced by 42.93 points to trade at 10,574.81. The top gainers are RPL Oil inclined by (2.09%) to Rs.173.35, Essar Oil increased by (1.95%) at Rs.228 followed by Cairn India and BPCL up by (1.31%) and (0.69%) to Rs.231.30 and Rs.414.
BSE Capital Goods index dropped by 162.43 points to trade at 13,052.30. The major losers are ABB, BHEL, L&T and Siemens grew by (2.30%), (2.05%), (1.97%) and (0.95%) to Rs.1,112.40, Rs.1,718.90, Rs.2,794 and Rs.594 respectively.
NALCO is trading higher by (1.11%) at Rs.454. The company has entered into an agreement with Bharat Earth Movers Limited to collaborate for the production of aluminium rail wagons and subsequently, aluminum rail coaches and metro coaches. According to the agreement, the products would be jointly developed by these two companies and Nalco would supply the aluminum extrusions after conversion from its billets and ingots through a third party.
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