The market today opens flat and suddenly gained some momentum backed by the support emerged in the selective scrips. The buying is seen in the Consumer Durables, Bank, Oil & Gas and Capital Goods stocks. However, the FMCG stocks are in certain pressure in the opening trade. The BSE Sensex that managed to open above the 14300 level and is now hovering around the 14400 level. The BSE Mid Cap and BSE Small Cap are also trading with in line with the benchmark index in the opening trade.
The overall market breadth is positive as 956 stocks are advancing whereas 645 stocks are declining on BSE.
Ranbaxy Laboratories reported the top gainer from the BSE Sensex pack, as it is trading with a gain of (2.46%) at Rs.526.10 while Maruti Suzuki the top loser down by (1.50%) at Rs.677.
At 10.30AM, the BSE Sensex was up by 127.59 points at 14,420.91 and the Nifty was up by 30.50 points to 4,296.90.
The BSE Mid Cap increased by 38.14 points to 5,853.37 and the BSE Small Cap advanced by 30.48 points to 7,166.79.
BSE Oil & Gas index advanced by 107.80 points to trade at 9,279.90. The major gainers are ONGC, Cairn India, Gail India and BPCL grew by (2.32%), (2.15%), (0.88%) and (0.49%) to Rs.887, Rs.273.35, Rs.383 and Rs.266.30 respectively.
BSE Capital Goods index improved by 109.38 points to trade at 10,906.39. The top gainers are Punj Lloyd increased by (2%) to Rs.230.05, Praj Industries inclined by (1.58%) to Rs179.60, L&T increased by (1.28%) at Rs.2,427 followed by Siemens up by (0.77%) to Rs.440.90.
The overall market breadth is positive as 956 stocks are advancing whereas 645 stocks are declining on BSE.
Ranbaxy Laboratories reported the top gainer from the BSE Sensex pack, as it is trading with a gain of (2.46%) at Rs.526.10 while Maruti Suzuki the top loser down by (1.50%) at Rs.677.
At 10.30AM, the BSE Sensex was up by 127.59 points at 14,420.91 and the Nifty was up by 30.50 points to 4,296.90.
The BSE Mid Cap increased by 38.14 points to 5,853.37 and the BSE Small Cap advanced by 30.48 points to 7,166.79.
BSE Oil & Gas index advanced by 107.80 points to trade at 9,279.90. The major gainers are ONGC, Cairn India, Gail India and BPCL grew by (2.32%), (2.15%), (0.88%) and (0.49%) to Rs.887, Rs.273.35, Rs.383 and Rs.266.30 respectively.
BSE Capital Goods index improved by 109.38 points to trade at 10,906.39. The top gainers are Punj Lloyd increased by (2%) to Rs.230.05, Praj Industries inclined by (1.58%) to Rs179.60, L&T increased by (1.28%) at Rs.2,427 followed by Siemens up by (0.77%) to Rs.440.90.
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