The markets today open lower on the back of negative cues from the global markets particularly the US credit crisis once again erupted in the financial sector. The selling pressure witnessed in the Bank, Auto, FMCG and Capital Goods stocks. The BSE Sensex is trading above the 14500 mark and the NSE Nifty above the 4300 mark. The BSE Mid Cap and BSE Small cap are trading lower in the opening bell.
The overall market breadth is negative as 551 stocks are advancing whereas 958 stocks are declining on BSE.
NTPC reported the top gainer from the BSE Sensex pack, as it is trading with a gain of (0.42%) at Rs.181.25 while Maruti Suzuki reported the top loser down by (2.37%) at Rs.626.
At 10.30AM, the BSE Sensex was down by 156.73 points at 14,488.92 and the Nifty was down by 38 points to 4,355.05.
The BSE Mid Cap decreased by 41.21 points to 5,740.59 and the BSE Small Cap slipped by 35.87 points to 7,000.74.
BSE Auto index dropped by 42.04 points to trade at 3,840.62. The major losers are Ashok Leyland, Maruti Suzuki, Mahindra & Mahindra and Tata Motors fell by (2.31%), (2.15%), (1.95%) and (0.89%) to Rs.31.70, Rs.627.40, Rs.557.05 and Rs.421.50 respectively.
BSE Bank index slipped by 64.13 points to trade at 6,821.24. The top losers are Kotak Bank decreased by (2.28%) to Rs.586, Canara Bank down by (2.06%) to Rs.204, PNB declined by (1.58%) to Rs.460.50 followed by ICICI Bank fell by (1.28%) to Rs.656.50.
The overall market breadth is negative as 551 stocks are advancing whereas 958 stocks are declining on BSE.
NTPC reported the top gainer from the BSE Sensex pack, as it is trading with a gain of (0.42%) at Rs.181.25 while Maruti Suzuki reported the top loser down by (2.37%) at Rs.626.
At 10.30AM, the BSE Sensex was down by 156.73 points at 14,488.92 and the Nifty was down by 38 points to 4,355.05.
The BSE Mid Cap decreased by 41.21 points to 5,740.59 and the BSE Small Cap slipped by 35.87 points to 7,000.74.
BSE Auto index dropped by 42.04 points to trade at 3,840.62. The major losers are Ashok Leyland, Maruti Suzuki, Mahindra & Mahindra and Tata Motors fell by (2.31%), (2.15%), (1.95%) and (0.89%) to Rs.31.70, Rs.627.40, Rs.557.05 and Rs.421.50 respectively.
BSE Bank index slipped by 64.13 points to trade at 6,821.24. The top losers are Kotak Bank decreased by (2.28%) to Rs.586, Canara Bank down by (2.06%) to Rs.204, PNB declined by (1.58%) to Rs.460.50 followed by ICICI Bank fell by (1.28%) to Rs.656.50.
No comments:
Post a Comment