The market today opens lower and is now trading choppy. The significant buying witnessed in the Metal, Consumer Durables, Realty and IT stocks. While the selling is seen in the Oil & Gas, FMCG and Bank stocks. The Mid Cap and Small Cap are trading in positive in the opening trade.
The overall market breadth is positive as 943 stocks are advancing whereas 681 stocks are declining on BSE.
At 10.30AM, the BSE Sensex was up by 17.93 points at 16,770.79 and the Nifty was down by 5.45 points to 4,952.35.
The BSE Mid Cap increased by 26.63 points to 6,983.45 and the BSE Small Cap advanced by 27.13 points to 8,424.85.
Hindalco Industries reported the top gainer from the BSE Sensex pack. It is trading with a gain of 3.06% at Rs.185.45 while ONGC reported the top loser down by 4.73% at Rs.949.90.
BSE Metal index surged by 145.81 points to trade at 15,893.69. The major gainers are Hindalco Industries, NALCO, Sterlite Industries and Tata Steel grew by (3.06%), (2.91%), (2.55%) and (0.89%) to Rs.185.45, Rs.495, Rs.835.75 and Rs.859 respectively.
BSE Bank dropped by 50.75 points to trade at 8,551.09. The top losers are HDFC Bank declined by (1.30%) to Rs.1,463, Kotak Bank decreased by (1.07%) at Rs.737.95 followed by AXIX Bank and ICICI Bank down by (0.37%) and (0.23%) to Rs.866 and Rs.885.80.
Mahindra & Mahindra is trading higher by (0.89%) at Rs.672. The company is in talks to acquire the two wheeler manufacturer Kinetic Motors. The move signals M&M’s interest in the two-wheeler segment, which has seen sharp growth and fierce competition in the past few years.
The overall market breadth is positive as 943 stocks are advancing whereas 681 stocks are declining on BSE.
At 10.30AM, the BSE Sensex was up by 17.93 points at 16,770.79 and the Nifty was down by 5.45 points to 4,952.35.
The BSE Mid Cap increased by 26.63 points to 6,983.45 and the BSE Small Cap advanced by 27.13 points to 8,424.85.
Hindalco Industries reported the top gainer from the BSE Sensex pack. It is trading with a gain of 3.06% at Rs.185.45 while ONGC reported the top loser down by 4.73% at Rs.949.90.
BSE Metal index surged by 145.81 points to trade at 15,893.69. The major gainers are Hindalco Industries, NALCO, Sterlite Industries and Tata Steel grew by (3.06%), (2.91%), (2.55%) and (0.89%) to Rs.185.45, Rs.495, Rs.835.75 and Rs.859 respectively.
BSE Bank dropped by 50.75 points to trade at 8,551.09. The top losers are HDFC Bank declined by (1.30%) to Rs.1,463, Kotak Bank decreased by (1.07%) at Rs.737.95 followed by AXIX Bank and ICICI Bank down by (0.37%) and (0.23%) to Rs.866 and Rs.885.80.
Mahindra & Mahindra is trading higher by (0.89%) at Rs.672. The company is in talks to acquire the two wheeler manufacturer Kinetic Motors. The move signals M&M’s interest in the two-wheeler segment, which has seen sharp growth and fierce competition in the past few years.
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