Market is trading higher on significant buying over the counters. After a flat opening, market is trading with good gains. Meta, Capital Goods, Bank and Oil & Gas stocks are main contributors of buying support in the market while Auto stock is out of favor due to the selling pressure. The market breadth is positive as 1589 stocks are trading in green while 499 stocks are trading in red.
At 11.30 AM, BSE Sensex is trading higher by 306.14 points at 14,156.19 and NSE Nifty is trading up by 92.65 at 4,252.15. The BSE Mid Cap is trading lower by 108.67 points at 5,365.66 and BSE Small Cap down by 103.73 points at 6,541.71.
Gainers from the NSE Nifty are HDFC Bank Ltd up by (7.85%) at Rs1,168.80 along with Reliance Infra (6.56%) at Rs916.35, Steel Authority (6.48%) at Rs133.10, BHEL (6.09%) at Rs1,598.10, Reliance Com Ltd (4.70%) at Rs467.50, Power Grid (4.52%) at Rs96.05 and Suzlon Energy by (4.34%) at Rs203.35.
The BSE Metal index is trading up by 441.00 points at Rs12,207.04 as Welspan Gujarat Sr is trading higher by (7.63%) at Rs316.00 along with Steel authority (6.25%) at Rs133.50, Sesa Goa Ltd (4.48%) at Rs2,810.30, Tata Steel by (4.26%) at Rs624.00 and Jindal Steel by (4.18%) at Rs1,825.00.
The BSE Capital Goods index is trading higher by 314.69 points at Rs11,377.55 as Alstom Proje is trading up by (7.53%) at Rs422.00 along with Jyoti Struct (6.03%) at Rs104.70, Areva (5.64%) at Rs1,609.00, BHEL (5.62%) at Rs1,591.05 and Thermax Ltd by (4.65%) at Rs400.50.
The BSE Auto index is trading lower by 51.03 points at Rs3,612.13 as Maruti Suzuki is trading down by (8.18%) at Rs595.20 along with Tata Motors (3.67%) at Rs404.65.
Tata steel is trading higher by (3.95%) at Rs622.15. The Company has sold 11% YoY more of steel during the quarter ended June 30 from a year earlier. According to a company’s press release, this was achieved mainly due to many new approvals for commercial supplies that were obtained during the period.
Maruti Suzuki is trading lower by (8.18%) at Rs595.20. The company has declared its first quarter results. It reported a net profit of Rs. 465.90 crore in the first quarter ended June 2008, with a drop of 6.8% against Rs. 499.60 crore reported during the same period in the previous year.
At 11.30 AM, BSE Sensex is trading higher by 306.14 points at 14,156.19 and NSE Nifty is trading up by 92.65 at 4,252.15. The BSE Mid Cap is trading lower by 108.67 points at 5,365.66 and BSE Small Cap down by 103.73 points at 6,541.71.
Gainers from the NSE Nifty are HDFC Bank Ltd up by (7.85%) at Rs1,168.80 along with Reliance Infra (6.56%) at Rs916.35, Steel Authority (6.48%) at Rs133.10, BHEL (6.09%) at Rs1,598.10, Reliance Com Ltd (4.70%) at Rs467.50, Power Grid (4.52%) at Rs96.05 and Suzlon Energy by (4.34%) at Rs203.35.
The BSE Metal index is trading up by 441.00 points at Rs12,207.04 as Welspan Gujarat Sr is trading higher by (7.63%) at Rs316.00 along with Steel authority (6.25%) at Rs133.50, Sesa Goa Ltd (4.48%) at Rs2,810.30, Tata Steel by (4.26%) at Rs624.00 and Jindal Steel by (4.18%) at Rs1,825.00.
The BSE Capital Goods index is trading higher by 314.69 points at Rs11,377.55 as Alstom Proje is trading up by (7.53%) at Rs422.00 along with Jyoti Struct (6.03%) at Rs104.70, Areva (5.64%) at Rs1,609.00, BHEL (5.62%) at Rs1,591.05 and Thermax Ltd by (4.65%) at Rs400.50.
The BSE Auto index is trading lower by 51.03 points at Rs3,612.13 as Maruti Suzuki is trading down by (8.18%) at Rs595.20 along with Tata Motors (3.67%) at Rs404.65.
Tata steel is trading higher by (3.95%) at Rs622.15. The Company has sold 11% YoY more of steel during the quarter ended June 30 from a year earlier. According to a company’s press release, this was achieved mainly due to many new approvals for commercial supplies that were obtained during the period.
Maruti Suzuki is trading lower by (8.18%) at Rs595.20. The company has declared its first quarter results. It reported a net profit of Rs. 465.90 crore in the first quarter ended June 2008, with a drop of 6.8% against Rs. 499.60 crore reported during the same period in the previous year.
No comments:
Post a Comment