Markets have slipped to trade in red since its initial bell, tracking weak cues from European and Asian markets. Domestic markets recover partially but are still trading below the dotted line. Selling pressure has emerged mainly in Metal, Oil & Gas, Bank and Capital Goods stocks. However Reality and IT stocks are on buyers’ radar. The market breadth is negative as 1108 stocks are trading in red while 1058 stocks are in green.
At 11.30AM, BSE Sensex is trading lower by 72.48 points at 14,828.27 and NSE Nifty is trading down by 12.04 at 4,456.65. However, the BSE Mid Cap and BSE Small Cap are trading marginally higher by 3.76 points and 20.96 points at 5,781.97 and 6,985.58 respectively.
Losers from the NSE Nifty are Sterlite In down by (7.99%) at Rs529.40 along with SAIL (2.41%) at Rs145.95, ICICI Bank Ltd (1.98%) at Rs698.00, Tata Steel (1.79%) at Rs553.50, ABB Ltd (1.54%) at Rs883.55, Siemens Ltd (1.37%) at Rs541.00 and Cipla Ltd by (1.35%) at Rs230.20.
The BSE Metal index is trading lower by 235.31 points at Rs11,565.87 as Sterlite In is trading down by (7.94%) at Rs530.00 along with JSW SL (2.51%) at Rs697.20, Sesa Goa Ltd (2.51%) at Rs143.80, Steel Authority by (2.37%) at Rs146.35 and Gujarat NRE C (2.31%) at Rs84.45.
The BSE Oil & Gas index is losing 47.03 points at Rs9,836.13. Scrips trading lower are Reliance (1.12%) at Rs2,118.90 followed by HPCL by (0.96%) at Rs241.20, BPCL (0.92%) at Rs350.00, Cairn India (0.85%) at Rs227.00 and Reliance Pet by (0.28%) at Rs609.70.
The BSE Reality index is trading up by 26.27 points at Rs5,103.43 as Mahindra Life is trading higher by (1.40%) at Rs455.00 followed by DLF Ltd (1.33%) at Rs510.55, Sobha Dev (1.10%) at Rs281.50, Akruti City by (1.04%) at Rs915.55 and Parsvnath (0.89%) at Rs124.45
At 11.30AM, BSE Sensex is trading lower by 72.48 points at 14,828.27 and NSE Nifty is trading down by 12.04 at 4,456.65. However, the BSE Mid Cap and BSE Small Cap are trading marginally higher by 3.76 points and 20.96 points at 5,781.97 and 6,985.58 respectively.
Losers from the NSE Nifty are Sterlite In down by (7.99%) at Rs529.40 along with SAIL (2.41%) at Rs145.95, ICICI Bank Ltd (1.98%) at Rs698.00, Tata Steel (1.79%) at Rs553.50, ABB Ltd (1.54%) at Rs883.55, Siemens Ltd (1.37%) at Rs541.00 and Cipla Ltd by (1.35%) at Rs230.20.
The BSE Metal index is trading lower by 235.31 points at Rs11,565.87 as Sterlite In is trading down by (7.94%) at Rs530.00 along with JSW SL (2.51%) at Rs697.20, Sesa Goa Ltd (2.51%) at Rs143.80, Steel Authority by (2.37%) at Rs146.35 and Gujarat NRE C (2.31%) at Rs84.45.
The BSE Oil & Gas index is losing 47.03 points at Rs9,836.13. Scrips trading lower are Reliance (1.12%) at Rs2,118.90 followed by HPCL by (0.96%) at Rs241.20, BPCL (0.92%) at Rs350.00, Cairn India (0.85%) at Rs227.00 and Reliance Pet by (0.28%) at Rs609.70.
The BSE Reality index is trading up by 26.27 points at Rs5,103.43 as Mahindra Life is trading higher by (1.40%) at Rs455.00 followed by DLF Ltd (1.33%) at Rs510.55, Sobha Dev (1.10%) at Rs281.50, Akruti City by (1.04%) at Rs915.55 and Parsvnath (0.89%) at Rs124.45
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