The market is trading on the back foot tracking the weak cues from the global markets like the surging crude oil prices to $135 a barrel led to the negative sentiments in the market. Also, the US Federal Reserve’s steps to cut US economic growth forecasts and signaling of any rate cut further is unlikely add to the sentiments. The market breadth is weak as 1270 stocks are trading in red while 995 stocks are trading in green.
At 11.33AM, BSE Sensex is trading lower by 247.96 points at 16,995.19 and NSE Nifty is trading down by 70.75 points at 5,046.90. The BSE Mid Cap is trading lower by 22.87 points at 7,125.18 while Small Cap is trading flat at 8,789.36.
Scrips that fell to attract investors confidence are HPCL trading down by (3.90%) at Rs233 in line with Suzlon Energy by (3.54%) at Rs298, JSW Steel by (3.41%) at Rs1096, BPCL by (3.40%) at Rs343.95, Tata Motors by (3.32%) at Rs666, Lanco Infra by (3.24%) at Rs565, PNB by (3.13%) at Rs540.80 and Indian Bank by (3.09%) at s136.40.
The Capital Goods index is trading lower by 253.14 points at 13,416.94. Pulling it are Suzlon Energy trading lower by (3.48%) at Rs298.20 along with Punj Lloyd by (2.59%) at Rs342.60, Kirloskar BR by (2.36%) at Rs277, L&T by (2.17%) at Rs2928.95, ABB by (1.78%) at Rs1011.50, Bhel by (1.68%) at Rs1742, AIA Engineer by (1.67%) at Rs1595, Jyoti Structures by (1.21%) at Rs146.95 and Areva by (1.05%) at Rs1616.40.
The Metal index is trading down by 205.70 points at 17,184.58 as JSW Steel trading lower by (3.41%) at Rs1096 followed by Hind Zinc by (2.98%) at Rs729.60, Hindalco Inds by (2.21%) at Rs192.90, Jindal Stainless by (1.97%) at Rs146.95, Jindal Steel by (0.69%) at Rs2448, Welspun Guj by (1.05%) at Rs377.80, Sterlite inds by (1.04%) at Rs935.25 and Bhushan Steel by (0.63%) at Rs815.
Satyam Computers is trading higher by (0.19%) at Rs494.85 as he company and GE Healthcare has entered into a comprehensive agreement to support customers deploying healthcare IT solutions based on GE Centricity Enterprise software. Under this agreement, both the companies will plan, design and implement infrastructures for global healthcare providers.
At 11.33AM, BSE Sensex is trading lower by 247.96 points at 16,995.19 and NSE Nifty is trading down by 70.75 points at 5,046.90. The BSE Mid Cap is trading lower by 22.87 points at 7,125.18 while Small Cap is trading flat at 8,789.36.
Scrips that fell to attract investors confidence are HPCL trading down by (3.90%) at Rs233 in line with Suzlon Energy by (3.54%) at Rs298, JSW Steel by (3.41%) at Rs1096, BPCL by (3.40%) at Rs343.95, Tata Motors by (3.32%) at Rs666, Lanco Infra by (3.24%) at Rs565, PNB by (3.13%) at Rs540.80 and Indian Bank by (3.09%) at s136.40.
The Capital Goods index is trading lower by 253.14 points at 13,416.94. Pulling it are Suzlon Energy trading lower by (3.48%) at Rs298.20 along with Punj Lloyd by (2.59%) at Rs342.60, Kirloskar BR by (2.36%) at Rs277, L&T by (2.17%) at Rs2928.95, ABB by (1.78%) at Rs1011.50, Bhel by (1.68%) at Rs1742, AIA Engineer by (1.67%) at Rs1595, Jyoti Structures by (1.21%) at Rs146.95 and Areva by (1.05%) at Rs1616.40.
The Metal index is trading down by 205.70 points at 17,184.58 as JSW Steel trading lower by (3.41%) at Rs1096 followed by Hind Zinc by (2.98%) at Rs729.60, Hindalco Inds by (2.21%) at Rs192.90, Jindal Stainless by (1.97%) at Rs146.95, Jindal Steel by (0.69%) at Rs2448, Welspun Guj by (1.05%) at Rs377.80, Sterlite inds by (1.04%) at Rs935.25 and Bhushan Steel by (0.63%) at Rs815.
Satyam Computers is trading higher by (0.19%) at Rs494.85 as he company and GE Healthcare has entered into a comprehensive agreement to support customers deploying healthcare IT solutions based on GE Centricity Enterprise software. Under this agreement, both the companies will plan, design and implement infrastructures for global healthcare providers.
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