Thursday, February 19, 2009

Market Is Positive Eyes On Inflation Data- Feb 19, 2009

The benchmark indices have managed to trade about the line with marginal gain. Lack of specific news in the domestic arena has kept the sentiments low as the intensity of movement is weak. The inflation data to come in a short while has also kept the traders away from taking any fresh positions. The lower volumes of trade is still a major concern for the markets. Among the sectoral indices, the BSE realty index is up by 1.86% and the BSE CD has gained 1.51%. On the other hand, the FMCG index on the BSE has down by 0.31% while the BSE HC index declined by 0.06%. Overall the market breadth is positive as 1067 stocks are trading in green while 657 stocks are in red.

At 11.30 AM, the BSE Sensex up by 46.18 points at 9,061.37 and NSE Nifty surged by 16.8 points at 2,792.95. The BSE Mid Cap and Small Cap are trading higher by 21.61 points and 18.59 points at 2,865.91 and 3,244.66 respectively.

Gainers from the BSE Sensex Pack are Mahindra & Mahindra up by (3.60%) to Rs. 294.8, along with Wipro Ltd by (3.56%) to Rs. 216.5, Grasim Industries by (2.97%) to Rs. 1381.1, Housing Development Finance Corporation Ltd by (2.17%) to Rs. 1393.85, Maruti Suzuki by (2.06%) at Rs.630 and DLF by (1.70%) at Rs.161.4.

Gainers from the NSE Nifty Pack are Suzlon Energy Ltd by (4.32%) at Rs.43.5 along with Wipro Ltd by (3.51%) at Rs. 216.55, Mahindra & Mahindra by (3.42%) at Rs. 294.65, Zee Entertainment by (2.99%) at Rs. 115.4 and Grasim Industries by (2.71%) at Rs.1381.

BSE Realty is trading higher by (1.86%) or 27.77 points at 1,519.43. The major gainers are Akruti City trading up by (4.97%) at Rs. 1039.80, along with Housing Dev by (2.78%) at Rs. 81.40, Orbit Co by (2.71%) at Rs.45.55, Omaxe Ltd by (2.03%) at Rs. 45.20, followed by DLF by (1.70%) at Rs.161.4.

BSE Consumer Durables is trading up by (1.51%) or 23.61 points at 1,587.49. The top gainers in the index are Gitanjali GE surged by (3.13%) to Rs.46.20 along with Titan Industries by (1.90%) to Rs. 779.40, Blue Star by (1.88%) to Rs. 138, Rajesh Exports by (0.83%) to Rs. 24.20, Videocon Ind by (0.34%) to Rs. 89.85.

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