The market is trading with marginal gains after a sharp rally at the initial stage as the investors takes calculated steps ahead of the policy meeting of the US Federal Reserve today. The market at the early session gathers momentum on the back of expectations of another fiscal sops from the government along with expectations of interest rate cuts by the Central bank to give a boost to the economy. P. Chidambaram, Home Minister stated that India could further cut prices of petrol and diesel if the crude oil prices continue to fall. From the sectoral front, the Consumer Durables index attracts investors'' confidence as most buying is seen from this basket. It is trading with gains of more than 5%.
On the global market front, the European markets are trading mixed as Dax Index is trading higher by 0.16% while FTSE 100 is down by 0.64%.
The broader markets are trading in green as the BSE Mid Cap and Small Cap are trading with gains of 54.60 points or (1.72%) and 92.15 points or (2.51%) at 3,219.68 and 3,751.25 respectively.
The overall market breadth is positive as 1740 stocks are advancing while 673 stocks are declining in BSE.
Tata Motors reported the top gainer from the BSE Sensex pack. It is trading up by (4.43%) at Rs165.10 along with ONGC Ltd by (3.14%) at Rs 694.
Sterlite Industries reported the top loser from the BSE Sensex pack. It is trading down by (8.21%) at Rs282.45 along with Reliance Infra by (4.80%) at Rs 621.70.
At 2.33 PM BSE Sensex is at 9,843.50 up by 11.11 points and NSE Nifty is at 2,999.55 up by 18.35 points.
The BSE Consumer Durables index is trading with gains of 85.98 points or (4.70%) at 1,914.44. Pushing it are Viedeocon Ind trading higher by 15.58% at Rs120.55 along with Gitanjali GE by 3.15% at Rs 75.35, Blue Star L by 2.78% at Rs146.10, Rajesh Export by by 2.36% at Rs28.15 and Titan Ind by 1.64% at Rs917.20.
The BSE Metal index is trading lower by 55.47 points or (1.00%) at 5,483.00 as Sterlite Industries is trading down by 8.22% at Rs282.40 along with Tata Steel by 2.05% at Rs222.45, Hindalco by 1.34% at Rs55.25, Jindal Saw by 1.03% at Rs263.05 and Steel Authority by 0.34% at Rs86.75.
The most active shares on NSE are Reliance trading at Rs1,637.25 with a total traded quantity of 5554303 shares followed by HDFC trading at Rs1546.60 with a total traded quantity of 2823892 shares.
On the global market front, the European markets are trading mixed as Dax Index is trading higher by 0.16% while FTSE 100 is down by 0.64%.
The broader markets are trading in green as the BSE Mid Cap and Small Cap are trading with gains of 54.60 points or (1.72%) and 92.15 points or (2.51%) at 3,219.68 and 3,751.25 respectively.
The overall market breadth is positive as 1740 stocks are advancing while 673 stocks are declining in BSE.
Tata Motors reported the top gainer from the BSE Sensex pack. It is trading up by (4.43%) at Rs165.10 along with ONGC Ltd by (3.14%) at Rs 694.
Sterlite Industries reported the top loser from the BSE Sensex pack. It is trading down by (8.21%) at Rs282.45 along with Reliance Infra by (4.80%) at Rs 621.70.
At 2.33 PM BSE Sensex is at 9,843.50 up by 11.11 points and NSE Nifty is at 2,999.55 up by 18.35 points.
The BSE Consumer Durables index is trading with gains of 85.98 points or (4.70%) at 1,914.44. Pushing it are Viedeocon Ind trading higher by 15.58% at Rs120.55 along with Gitanjali GE by 3.15% at Rs 75.35, Blue Star L by 2.78% at Rs146.10, Rajesh Export by by 2.36% at Rs28.15 and Titan Ind by 1.64% at Rs917.20.
The BSE Metal index is trading lower by 55.47 points or (1.00%) at 5,483.00 as Sterlite Industries is trading down by 8.22% at Rs282.40 along with Tata Steel by 2.05% at Rs222.45, Hindalco by 1.34% at Rs55.25, Jindal Saw by 1.03% at Rs263.05 and Steel Authority by 0.34% at Rs86.75.
The most active shares on NSE are Reliance trading at Rs1,637.25 with a total traded quantity of 5554303 shares followed by HDFC trading at Rs1546.60 with a total traded quantity of 2823892 shares.
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