The markets are back trading in red on mixed global cues. However, the two benchmark indices have recovered from their day’s low and are expected to witness choppiness after previous weeks rally. The move from the policymakers has eased some of the pain which is felt by the sectors. The counter to that has showed in the stock prices and on the back of this the good news is that element of short covering as well. The heavyweight in the sectors like IT and TECk are trading lower, whereas the sectors like Bankex, Metal and Realty are trading in green. However, the market breadth is positive as 1331 stocks are trading in green and about 809 stocks in red on the broader BSE.
At 11.30 AM, BSE Sensex is trading negative by 32 points at 10305 whereas NSE Nifty is trading up by 6 points at 3049. The BSE Mid Cap and BSE Small Cap are gaining by 35 points and 36 points at 3390 and 3963 respectively.
Losers from the NSE Nifty Pack are Sun Pharma Ltd down by (8.66%) at Rs1008.00 along with Tata Comm by (5.56%) at Rs513.05, Satyam Computers by (5.52%) at Rs283.00, Tata motors by (5.20%) at Rs180.55, and Wipro by (4.00%) at Rs265.45.
Gainers from the NSE Nifty Pack are Suzlon Energy Ltd up by (13.54%) at Rs52.00 along with Siemens by (7.50%) at Rs306.90, Ranbaxy Lab by (7.30%) at Rs203.6, ONGC by (6.07%) at Rs753.70, and BPCL by (5.18%) at Rs317.60.
Losers from the BSE Sensex Pack are Satyam Computers down by (5.46%) at Rs283.70 along with Tata motors by (4.40%) at Rs182.50, Wipro by (4.07%) at Rs265.00, Sterlite Ind by (3.71%) at Rs284.00, and Infosys Tech by (2.65%) at Rs1342.00.
Gainers from the BSE Sensex Pack are Ranbaxy Lab Ltd up by (6.59%) at Rs202.90 along with ONGC by (5.87%) at Rs752.45, Tata Power by (3.14%) at Rs715.00, SBI by (2.96%) at Rs1277.00, and ICICI Bank by (2.34%) at Rs441.05.
BSE IT index is lost (2.47%) or 70.96 points at 2,803.40. The major losers are Satyam Computer down by (5.86%) to Rs.282.5, Wipro Ltd lower by (4.36%) to Rs.264.20, Infosys Tech by (3.16%) to Rs.1,335.00, TCS Ltd by (2.25%) to Rs.536.35, followed by Mphasis Ltd decreased by (1.90%) to Rs.160.00.
BSE Bankex index is trading higher by (3.23%) or 174.28 points at 5,561.68. The top gainers in the index are Yes Bank increased by (4.64%) to Rs.81.25, Canara Bank up by (4.63%) to Rs175.25, Bank of India by (4.46%) at Rs.258.60, Bank of Baroda by (4.35%) to Rs259.00 followed by Union Bank surged by (4.29%) to Rs.142.15.
At 11.30 AM, BSE Sensex is trading negative by 32 points at 10305 whereas NSE Nifty is trading up by 6 points at 3049. The BSE Mid Cap and BSE Small Cap are gaining by 35 points and 36 points at 3390 and 3963 respectively.
Losers from the NSE Nifty Pack are Sun Pharma Ltd down by (8.66%) at Rs1008.00 along with Tata Comm by (5.56%) at Rs513.05, Satyam Computers by (5.52%) at Rs283.00, Tata motors by (5.20%) at Rs180.55, and Wipro by (4.00%) at Rs265.45.
Gainers from the NSE Nifty Pack are Suzlon Energy Ltd up by (13.54%) at Rs52.00 along with Siemens by (7.50%) at Rs306.90, Ranbaxy Lab by (7.30%) at Rs203.6, ONGC by (6.07%) at Rs753.70, and BPCL by (5.18%) at Rs317.60.
Losers from the BSE Sensex Pack are Satyam Computers down by (5.46%) at Rs283.70 along with Tata motors by (4.40%) at Rs182.50, Wipro by (4.07%) at Rs265.00, Sterlite Ind by (3.71%) at Rs284.00, and Infosys Tech by (2.65%) at Rs1342.00.
Gainers from the BSE Sensex Pack are Ranbaxy Lab Ltd up by (6.59%) at Rs202.90 along with ONGC by (5.87%) at Rs752.45, Tata Power by (3.14%) at Rs715.00, SBI by (2.96%) at Rs1277.00, and ICICI Bank by (2.34%) at Rs441.05.
BSE IT index is lost (2.47%) or 70.96 points at 2,803.40. The major losers are Satyam Computer down by (5.86%) to Rs.282.5, Wipro Ltd lower by (4.36%) to Rs.264.20, Infosys Tech by (3.16%) to Rs.1,335.00, TCS Ltd by (2.25%) to Rs.536.35, followed by Mphasis Ltd decreased by (1.90%) to Rs.160.00.
BSE Bankex index is trading higher by (3.23%) or 174.28 points at 5,561.68. The top gainers in the index are Yes Bank increased by (4.64%) to Rs.81.25, Canara Bank up by (4.63%) to Rs175.25, Bank of India by (4.46%) at Rs.258.60, Bank of Baroda by (4.35%) to Rs259.00 followed by Union Bank surged by (4.29%) to Rs.142.15.
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