The market is trading volatile on continuous buying and selling. Indian Market opened in positive note but soon after start slipped into negative territory and further skipping up and down. Metal, Oil & Gas and Reality stocks are in favor while Bank, FMCG and Auto stocks are major sufferers of selling pressure. The market breadth is positive as 1209 stocks are trading in green while 915 stocks are trading in red.
At 11:32 AM the BSE Sensex is trading higher by 1.11 points at 14,288.33 and NSE Nifty is trading up by 21.34 points at 4,334.90. The BSE Mid Cap is trading higher by 33.68 points at 5,614.69 and BSE Small Cap is trading up by 28.93 points 6,956.54 respectively.
Gainers from the NSE are Cairn India trading higher by (4.68%) at Rs246.20 in line with Gail India by (4.11%) at Rs390.05, Suzlon Energy by (3.93%) at Rs227.25, Tata Steel by (3.63%) at Rs653.00, Siemens Ltd by (3.44%) at Rs542.00, Wipro Ltd by (3.35%) at Rs436.80 and SAIL by (3.28%) at Rs140.30.
Lossers from the NSE are ZEE Entertainment trading lower by (5.65%) at Rs193.05 in line with Tata Motors (5.18%) at Rs394.25, ITC Ltd by (4.35%) at Rs180.10, BPCL by (2.03%) at Rs322.95, HDFC Bank Ltd by (1.79%) at Rs1,074.50, Maruti Suzuki by (1.72%) at Rs577.75 and PNB by (1.60%) at Rs475.50.
The BSE Metal index is trading up by 274.14 points at 12,972.84. Scrips that are trading higher are NMDC Ltd (4.98%) at Rs329.60 followed by Tata Steel by (3.06%) at Rs649.30, Steel Authority by (2.90%) at Rs140.00, JSW SL by (2.34%) at Rs767.00 and Ispat Indus by (2.14%) at Rs26.25.
The BSE Bank index is trading lower by 74.84 points at 6,447.81 as Axis Bank trading down by (3.97%) at Rs652.60 along with PNB by (1.83%) at Rs458.00, Kotak Bank (1.71%) at Rs536.00, Bank of India by (1.67%) at Rs267.10 and HDFC Bank Ltd by (1.51%) at Rs1,076.00.
Wipro Ltd is trading higher by (3.77%) at Rs653.80. Wipro Infotech, the India and Middle East IT business of Wipro Ltd, bags a 10 year, Rs132.00 Crore contract from Lodha Group, which is a Mumbai based real estate player.
Tata Motors is trading down by (4.88%) at Rs396.00. The company reported a 30.13% drop in its net profit to Rs 26 Crore in the quarter ended June 2008, due to forex losses on its long-term loans and increase in the cost of raw materials.
At 11:32 AM the BSE Sensex is trading higher by 1.11 points at 14,288.33 and NSE Nifty is trading up by 21.34 points at 4,334.90. The BSE Mid Cap is trading higher by 33.68 points at 5,614.69 and BSE Small Cap is trading up by 28.93 points 6,956.54 respectively.
Gainers from the NSE are Cairn India trading higher by (4.68%) at Rs246.20 in line with Gail India by (4.11%) at Rs390.05, Suzlon Energy by (3.93%) at Rs227.25, Tata Steel by (3.63%) at Rs653.00, Siemens Ltd by (3.44%) at Rs542.00, Wipro Ltd by (3.35%) at Rs436.80 and SAIL by (3.28%) at Rs140.30.
Lossers from the NSE are ZEE Entertainment trading lower by (5.65%) at Rs193.05 in line with Tata Motors (5.18%) at Rs394.25, ITC Ltd by (4.35%) at Rs180.10, BPCL by (2.03%) at Rs322.95, HDFC Bank Ltd by (1.79%) at Rs1,074.50, Maruti Suzuki by (1.72%) at Rs577.75 and PNB by (1.60%) at Rs475.50.
The BSE Metal index is trading up by 274.14 points at 12,972.84. Scrips that are trading higher are NMDC Ltd (4.98%) at Rs329.60 followed by Tata Steel by (3.06%) at Rs649.30, Steel Authority by (2.90%) at Rs140.00, JSW SL by (2.34%) at Rs767.00 and Ispat Indus by (2.14%) at Rs26.25.
The BSE Bank index is trading lower by 74.84 points at 6,447.81 as Axis Bank trading down by (3.97%) at Rs652.60 along with PNB by (1.83%) at Rs458.00, Kotak Bank (1.71%) at Rs536.00, Bank of India by (1.67%) at Rs267.10 and HDFC Bank Ltd by (1.51%) at Rs1,076.00.
Wipro Ltd is trading higher by (3.77%) at Rs653.80. Wipro Infotech, the India and Middle East IT business of Wipro Ltd, bags a 10 year, Rs132.00 Crore contract from Lodha Group, which is a Mumbai based real estate player.
Tata Motors is trading down by (4.88%) at Rs396.00. The company reported a 30.13% drop in its net profit to Rs 26 Crore in the quarter ended June 2008, due to forex losses on its long-term loans and increase in the cost of raw materials.
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