The market today opens sharply lower and continued to slipped further as strong selling emerged in the selective scrips mainly led by the Realty, Oil & Gas and Metal stocks. The Mid Cap and Small Cap are also trading in deep red in the opening trade. The BSE Sensex is moving around the 16,600 mark and the NSE Nifty is around the 4,900 mark.
The overall market breadth is negative as 347 stocks are advancing whereas 1583 stocks are declining on BSE.
At 10.30AM, the BSE Sensex was down by 100.77 points at 16,636.30 and the Nifty was down by 41.80 points to 4,940.80.
The BSE Mid Cap decreased by 173.52 points to 6,819.14 and the BSE Small Cap dropped by 211.69 points to 8,293.95.
Satyam Computer reported the top gainer from the BSE Sensex pack. It is trading with a gain of 2.41% at Rs.484.80 while JP Associate reported the top loser down by 5.21% at Rs.238.20.
BSE IT index advanced by 22.96 points to trade at 4,258.20. The major gainers are Satyam Computers, TCS, Wipro and HCL Technologies grew by (2.19%), (1.21%), (0.82%) and (0.63%) to Rs.485, Rs.928.05, Rs.505.05 and Rs.289.55 respectively.
BSE Realty dropped by 284.04 points to trade at 7,607.06. The top losers are IndiaBull Real declined by (7.21%) to Rs.501.50, Purvankara decreased by (5.22%) at Rs.259.70 followed by Ansal Infrastructure and HDIL down by (5.09%) and (4.92%) to Rs.154.70 and Rs.690.20.
ONGC is trading higher by (0.14%) at Rs.1,033. The company launches country’s first helium extraction pilot plant in Kuthalam. The plant is set up at a cost of Rs.6 crore,
BHEL advanced by (0.01%) to Rs.1,725. The company has formally took over Visakhapatnam-based Bharat Heavy Plates and Vessels (BHPV). BHEL is planning to invest around Rs.236 crores in BHVP.
The overall market breadth is negative as 347 stocks are advancing whereas 1583 stocks are declining on BSE.
At 10.30AM, the BSE Sensex was down by 100.77 points at 16,636.30 and the Nifty was down by 41.80 points to 4,940.80.
The BSE Mid Cap decreased by 173.52 points to 6,819.14 and the BSE Small Cap dropped by 211.69 points to 8,293.95.
Satyam Computer reported the top gainer from the BSE Sensex pack. It is trading with a gain of 2.41% at Rs.484.80 while JP Associate reported the top loser down by 5.21% at Rs.238.20.
BSE IT index advanced by 22.96 points to trade at 4,258.20. The major gainers are Satyam Computers, TCS, Wipro and HCL Technologies grew by (2.19%), (1.21%), (0.82%) and (0.63%) to Rs.485, Rs.928.05, Rs.505.05 and Rs.289.55 respectively.
BSE Realty dropped by 284.04 points to trade at 7,607.06. The top losers are IndiaBull Real declined by (7.21%) to Rs.501.50, Purvankara decreased by (5.22%) at Rs.259.70 followed by Ansal Infrastructure and HDIL down by (5.09%) and (4.92%) to Rs.154.70 and Rs.690.20.
ONGC is trading higher by (0.14%) at Rs.1,033. The company launches country’s first helium extraction pilot plant in Kuthalam. The plant is set up at a cost of Rs.6 crore,
BHEL advanced by (0.01%) to Rs.1,725. The company has formally took over Visakhapatnam-based Bharat Heavy Plates and Vessels (BHPV). BHEL is planning to invest around Rs.236 crores in BHVP.
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