The markets lost further grounds as selling pressure intensified ahead of the April series F&O expiry. Further the negative opening of the European markets also turned down the sentiments today. All the sectorial indices are trading in red in the afternoon trade. The Realty, Metal, Banking and Power stocks are facing the heavy selling pressure today.
The BSE Sensex is now trading below the 11,150 mark and the NSE Nifty below the 3,400 mark. The BSE Mid Cap and the BSE Small Cap are now trading with a cut of more than 2.5% each.
The overall market breadth is negative as 653 stocks are advancing while 1,696 stocks are declining in BSE.
Mahindra & Mahindra reported the top gainer from the BSE Sensex pack, as it is trading up by (2.40%) at Rs. 486.30 while Reliance Infra reported the top loser down by (7.61%) at Rs. 656.55.
At 2.36PM BSE Sensex is at 11,115.97 down by 255.88 points and Nifty is at 3,391.70 down by 78.30 points.
The BSE Mid Cap is lower by 103.78 points at 3,480.50 and the BSE Small Cap decreased by 108.79 points to 3,918.35.
The Realty index is trading with deep cut of 103.21 points or 4.69% at 2,098.82. Losers from this pack are HDIL trading lower by 5.87% at Rs144.45 along with DLF by 5.54% at Rs230.35, Anant Raj Inds by 4.98% at Rs84.90, Mahindra Life by 4.47% at Rs170.10, Sobha Dev by 3.53% at Rs98.25, Ansal Infra by 3.52% at Rs31.50, Omaxe by 3.36% at Rs54.70, Orbitco by 3.29% at Rs72.05 and Parsvnath by 2.98% at Rs48.85.
The Metal index is trading lower by 297.78 points or 4.20% at 6,799.36. Leading from the losers pack are Sesa Goa trading down by 6.25% at Rs114 along with Welspun Guj SR by 5.70% at Rs96 along with Jai Corp by 5% at Rs175.80, Sterlite Inds by 4.89% at Rs395, Tata Steel by 4.38% at Rs242.35, Hind Zinc by 4.21% at Rs471, NMDC by 4.18% at Rs198.25, JSW Steel by 3.21% at Rs323.15 and Ispat Inds by 2.41% at Rs13.34.
The most active shares on NSE are Unitech trading at Rs.42.95 with a total traded quantity of 54593527 shares followed by JP Associates trading at Rs.129.95 with a total traded quantity of 40052515 shares.
Cadila Health Care is trading lower by 0.51% at Rs312. The Company has posted a net profit of Rs 425.70 million for the quarter ended March 31, 2009 where as the same was at Rs 354.00 million for the quarter ended March 31, 2008. Total Income is Rs 4965.60 million for the quarter ended March 31, 2009 where as the same was at Rs 4136.80 million for the quarter ended March 31, 2008. Regarding Yearly wise, the Company has posted a net profit Rs 2659.10 million for the year ended March 31, 2009 where as the same was at Rs 2361.90 million for the year ended March 31, 2008. Total Income is Rs 20052.50 million for the year ended March 31, 2009 where as the same was at Rs 17940.30 million for the year ended March 31, 2008.
On the global markets front, the European markets are trading lower as the FTSE 100 and the DAX index are trading down by (1.83%) and (2.42%).
The BSE Sensex is now trading below the 11,150 mark and the NSE Nifty below the 3,400 mark. The BSE Mid Cap and the BSE Small Cap are now trading with a cut of more than 2.5% each.
The overall market breadth is negative as 653 stocks are advancing while 1,696 stocks are declining in BSE.
Mahindra & Mahindra reported the top gainer from the BSE Sensex pack, as it is trading up by (2.40%) at Rs. 486.30 while Reliance Infra reported the top loser down by (7.61%) at Rs. 656.55.
At 2.36PM BSE Sensex is at 11,115.97 down by 255.88 points and Nifty is at 3,391.70 down by 78.30 points.
The BSE Mid Cap is lower by 103.78 points at 3,480.50 and the BSE Small Cap decreased by 108.79 points to 3,918.35.
The Realty index is trading with deep cut of 103.21 points or 4.69% at 2,098.82. Losers from this pack are HDIL trading lower by 5.87% at Rs144.45 along with DLF by 5.54% at Rs230.35, Anant Raj Inds by 4.98% at Rs84.90, Mahindra Life by 4.47% at Rs170.10, Sobha Dev by 3.53% at Rs98.25, Ansal Infra by 3.52% at Rs31.50, Omaxe by 3.36% at Rs54.70, Orbitco by 3.29% at Rs72.05 and Parsvnath by 2.98% at Rs48.85.
The Metal index is trading lower by 297.78 points or 4.20% at 6,799.36. Leading from the losers pack are Sesa Goa trading down by 6.25% at Rs114 along with Welspun Guj SR by 5.70% at Rs96 along with Jai Corp by 5% at Rs175.80, Sterlite Inds by 4.89% at Rs395, Tata Steel by 4.38% at Rs242.35, Hind Zinc by 4.21% at Rs471, NMDC by 4.18% at Rs198.25, JSW Steel by 3.21% at Rs323.15 and Ispat Inds by 2.41% at Rs13.34.
The most active shares on NSE are Unitech trading at Rs.42.95 with a total traded quantity of 54593527 shares followed by JP Associates trading at Rs.129.95 with a total traded quantity of 40052515 shares.
Cadila Health Care is trading lower by 0.51% at Rs312. The Company has posted a net profit of Rs 425.70 million for the quarter ended March 31, 2009 where as the same was at Rs 354.00 million for the quarter ended March 31, 2008. Total Income is Rs 4965.60 million for the quarter ended March 31, 2009 where as the same was at Rs 4136.80 million for the quarter ended March 31, 2008. Regarding Yearly wise, the Company has posted a net profit Rs 2659.10 million for the year ended March 31, 2009 where as the same was at Rs 2361.90 million for the year ended March 31, 2008. Total Income is Rs 20052.50 million for the year ended March 31, 2009 where as the same was at Rs 17940.30 million for the year ended March 31, 2008.
On the global markets front, the European markets are trading lower as the FTSE 100 and the DAX index are trading down by (1.83%) and (2.42%).
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