Markets plunge after discounting the lower inflation number and are now trading around the dotted line. However, the Indian market may very soon react to the rally in Asian Markets and could return back into green with good numbers. The Asian markets have recovered after a sharp fall on Thursday, but cautious ahead of G-20 meet. The G-20 meet on Friday and Saturday will be the major event in Washington, as the gathering could bring decisions on mending the troubled global financial system.
Some sectoral indices are witnessing a selling pressure with Capital Goods, Oil & Gas, Auto, Metal and IT trading in red. The market breath is favoring decline, as 1126 stocks are trading in red and about 914 stocks in green on the broader BSE.
At 11.36 AM, the BSE Sensex lost 71 points at 9465 whereas NSE Nifty down by 9 points at 2839. The BSE Mid Cap and BSE Small Cap are losing by 21 points and 13 points at 3261 and 3800 respectively.
Losers from the NSE Nifty Pack are Zee entertainment ltd down by (5.32%) at Rs.113.00 along with Hero Honda by (4.20%) at Rs.721.10, BHEL by (3.93%) at Rs.1,283.55, Reliance Ind by (3.89%) at Rs.1,117.00 and SAIL by (3.63%) at Rs.69.00.
Losers from the BSE Sensex Pack are Reliance Ind down by (1,111.60%) at Rs.4.35 along with BHEL by (4.34%) at Rs.1,279.00, M&M by (4.15%) at Rs.328.00, Wipro by (3.62%) at Rs. 238.60, and Tata Motors by (3.11%) at Rs.145.00.
BSE Capital Goods is trading lower by 2.54% or 184.68 points at 7,072.85. The top losers in the index are Aiaengineer decreased by (5.14%) to Rs.157, BHEL down by (4.25%) to Rs.1,280.20, Everest Kanto by (3.62%) to Rs.185, Crompton Greaves by (2.74%) at Rs.150.90, followed by Praj Industries ltd by (2.51%) to Rs.73.95.
BSE Oil & Gas index is losing by 2.17% or 124.86 points at 5,622.68. The major losers are Reliance trading down by (4.23%) at Rs.1,113, Aban Offshore by (1.24%) to Rs.872, followed by Gail India by (1%) to Rs.202.10.
Some sectoral indices are witnessing a selling pressure with Capital Goods, Oil & Gas, Auto, Metal and IT trading in red. The market breath is favoring decline, as 1126 stocks are trading in red and about 914 stocks in green on the broader BSE.
At 11.36 AM, the BSE Sensex lost 71 points at 9465 whereas NSE Nifty down by 9 points at 2839. The BSE Mid Cap and BSE Small Cap are losing by 21 points and 13 points at 3261 and 3800 respectively.
Losers from the NSE Nifty Pack are Zee entertainment ltd down by (5.32%) at Rs.113.00 along with Hero Honda by (4.20%) at Rs.721.10, BHEL by (3.93%) at Rs.1,283.55, Reliance Ind by (3.89%) at Rs.1,117.00 and SAIL by (3.63%) at Rs.69.00.
Losers from the BSE Sensex Pack are Reliance Ind down by (1,111.60%) at Rs.4.35 along with BHEL by (4.34%) at Rs.1,279.00, M&M by (4.15%) at Rs.328.00, Wipro by (3.62%) at Rs. 238.60, and Tata Motors by (3.11%) at Rs.145.00.
BSE Capital Goods is trading lower by 2.54% or 184.68 points at 7,072.85. The top losers in the index are Aiaengineer decreased by (5.14%) to Rs.157, BHEL down by (4.25%) to Rs.1,280.20, Everest Kanto by (3.62%) to Rs.185, Crompton Greaves by (2.74%) at Rs.150.90, followed by Praj Industries ltd by (2.51%) to Rs.73.95.
BSE Oil & Gas index is losing by 2.17% or 124.86 points at 5,622.68. The major losers are Reliance trading down by (4.23%) at Rs.1,113, Aban Offshore by (1.24%) to Rs.872, followed by Gail India by (1%) to Rs.202.10.
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